Croatia Industrial production September 2022

Croatia

Croatia: Industrial output growth improves in September

October 31, 2022

Industrial production grew 2.3% year on year in working-day adjusted terms in September (August: +0.8% yoy).

On a seasonally and calendar adjusted monthly basis, factory output rebounded, rising 0.4% in September (August: -0.8% mom). Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 2.9%, down from August's 3.0% reading.

FocusEconomics panelists see industrial production expanding 1.1% in 2023, which is unchanged from last month’s forecast. In 2024, our panel sees industrial production growing 3.1%.


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Croatia Industry September 2022

Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: Croatia Central Statistics Office and FocusEconomics calculations.


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