Industry in Croatia

Croatia Industry | Economic News & Forecasts

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

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-1.7  1.2  2.5  5.0  1.9  

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Croatia Industry Chart

Croatia Industry
Note: Annual variation of industrial production in %.
Source: Central Bureau of Statistics and FocusEconomics calculations.

Croatia Facts

Bond Yield1.300.0 %Jun 19
Exchange Rate6.56-0.54 %Jun 20
Stock Market1,902-0.48 %Jun 19

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