Industry in Croatia
Croatia - Industry
Industrial production dips in November
Industrial production fell 0.4% in working-day adjusted terms over the same month last year in November, contrasting October’s 0.3% year-on-year rise. Meanwhile, annual average variation in industrial output was stable at 0.1% in November.
November’s downturn was underpinned by a sharp contraction in mining and quarrying output, alongside a drop in manufacturing production. However, a surge in the electricity, gas, steam and air conditioning supply cushioned the decline somewhat.
On a month-on-month basis, industrial production fell 0.7% in seasonally- and working-day adjusted terms, improving from the 1.3% decrease in October.
FocusEconomics Consensus Forecast panelists expect industrial production to expand 1.6% in 2020 and also 1.6% in 2021.
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||0.67||0.0 %||Dec 31|
|Exchange Rate||6.64||-0.54 %||Jan 01|
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January 16, 2020
Consumer prices dipped 0.1% over the prior month in December, following November’s 0.2% drop.
December 30, 2019
Industrial production fell 0.4% in working-day adjusted terms over the same month last year in November, contrasting October’s 0.3% year-on-year rise.
December 16, 2019
Consumer prices fell 0.2% over the prior month in November, following October’s 0.4% increase.
November 29, 2019
The economy gained traction in the third quarter, according to detailed GDP data released by Croatia’s Statistical Institute (CBS) on 29 November.
November 29, 2019
In October, industrial production rose a meagre 0.3% in working-day adjusted terms over the same month last year, marking a deceleration from September’s 2.0% year-on-year upturn.