Industry in Croatia
Croatia - Industry
Industrial activity contracts for fifth consecutive month in March
Industrial output decreased 4.9% year-on-year in March (February: -2.1% yoy). The sharp fall was driven by plunging mining and quarrying and manufacturing output. In contrast, electricity, gas, steam and air conditioning production expanded.
On a seasonally-adjusted monthly basis, industrial production fell 2.8% in March (February: +1.0% mom). Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 1.2% in March, down from February's minus 0.5% reading.
FocusEconomics’ panelists see industrial production contracting 8.4% this year, which is down 2.0 percentage points from last month’s forecast. Next year, our panel sees industrial production growing 4.4%.
Croatia - Industry Data
|Industrial Production (annual variation in %)||2.5||5.0||1.9||-1.0||0.5|
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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May 18, 2022
Consumer prices rose 2.70% in April over the previous month, picking up from the 2.02% rise logged in March.
May 3, 2022
Industrial production fell 1.9% year-on-year in working-day adjusted terms in March, swinging from February’s 4.0% increase.
April 20, 2022
Consumer prices rose 2.02% over the previous month in March, after the 0.93% increase seen in February.
April 4, 2022
Industrial production growth accelerated to 4.1% year-on-year in working-day adjusted terms in February, up from January’s 3.5% increase.
March 30, 2022
Consumer prices increased 0.93% from the previous month in February, following the 0.28% increase logged in January.