Croatia Industry

Croatia

Croatia: Industrial sector expands for the first time this year

May 31, 2011

In April, industrial production rose a tiny 0.2% over the same month the last year, which represents the first positive reading so far this year (March: -3.0% year-on-year). The monthly expansion was driven by growth in manufacturing (+2.0% yoy), which reversed a negative trend in place since September 2010. In contrast, the other two main industrial sectors, mining and quarrying and electricity, gas and steam, continued recording losses. A month-on-month comparison points to a much stronger improvement than suggested by the annual figures. Industrial output jumped a seasonally adjusted 3.81% over the previous month in April, contrasting a 0.72% contraction in March. In fact, the strong performance registered in April represents the highest monthly reading in 15 months. Moreover, the trend improved, with the annual average variation in industrial production stepping up from minus 2.1% in March to minus 1.6% in April.


Author: Ricard Torné, Head of Economic Research

Sample Report

Looking for forecasts related to Industry in Croatia? Download a sample report now.

Download




Croatia Economic News

  • Croatia: Stronger fixed investment and solid household spending underpin growth in Q3

    December 1, 2017

    The economy gained traction in the third quarter of 2017, supported by a surge in fixed investment and solid household spending, despite the uncertainty still surrounding the restructuring of Croatia’s largest private company, food giant Agrokor.

    Read more

  • Croatia: Industrial production growth slows in October

    November 29, 2017

    Industrial output in October increased 4.3% in working-day adjusted terms from the same month last year, following September’s softer 3.0% expansion. October’s result was pushed-up by a remarkable expansion in manufacturing sector: Manufacture of wood and wood products, as well as of refined petroleum products and of food products recorded particularly high growth rates.

    Read more

  • Croatia: Inflation stable in October

    November 16, 2017

    In October, consumer prices increased 0.4% from the previous month, following September’s over five-year high of 1.5% increase.

    Read more

  • Croatia: Industrial production growth slows in September

    October 30, 2017

    Industrial output in September increased 3.0% in working-day adjusted terms from the same month last year, following August’s slightly stronger 3.2% expansion. September’s result was pushed-up by a faster expansion in the electricity, gas, steam, and air conditioning supply sub-sector, and by a turnaround in the mining and quarrying sub-sector, while growth in the manufacturing sector slowed considerably from August, weighing on the final result. On a month-on-month basis, industrial production in September expanded 1.4% in seasonally- and working-day adjusted terms, following August’s much softer 0.3% uptick.

    Read more

  • Croatia: Inflation continues to climb in September

    October 23, 2017

    In September, consumer prices increased 1.5% from the previous month, following August’s flat result and marking the highest reading since May 2012.

    Read more

More news

Search form