Industry in Croatia
Croatia - Industry
Industrial production rises solidly again in April
In April, industrial production rose a solid 3.0% in working-day adjusted terms over the same month last year, matching March’s expansion. As a result, the annual average variation in industrial output improved to minus 0.1% in April from minus 0.5% a month earlier.
April’s upturn was largely driven by a surge in output in the electricity, gas, steam and air conditioning supply sector. Meanwhile, the manufacturing industry grew at a modest pace and the mining and quarrying sector contracted for the second consecutive month in April.
On a month-on-month basis, industrial production dipped 0.2% in seasonally- and working-day adjusted terms in April, following March’s flat reading.
Croatia Industrial Production Forecast
FocusEconomics Consensus Forecast panelists expect industrial production to expand 2.0% in 2019, which is unchanged from last month’s estimate, and 2.2% in 2020.
Croatia - Industry Data
|Industrial Production (annual variation in %)||-1.7||1.2||2.5||5.0||1.9|
5 years of economic forecasts for more than 30 economic indicators.
Croatia Industry Chart
Source: Central Bureau of Statistics and FocusEconomics calculations.
|Bond Yield||1.30||0.0 %||Jun 19|
|Exchange Rate||6.56||-0.54 %||Jun 20|
|Stock Market||1,902||-0.48 %||Jun 19|
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May 31, 2019
In April, industrial production rose a solid 3.0% in working-day adjusted terms over the same month last year, matching March’s expansion.
May 31, 2019
The economy strengthened notably at the outset of the year, according to detailed GDP data released by the Croatian Statistical Institute on 31 May.
May 15, 2019
Consumer prices rose 0.6% from the previous month in April, following the 1.0% increase recorded in March.
April 30, 2019
In March, industrial output rose a solid 3.0% in working-day adjusted terms over the same month last year, following February’s mild 0.6% expansion.
April 16, 2019
Consumer prices rose 1.0% from the previous month in March, following the 0.2% increase recorded in February.