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
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -1.7 | 1.2 | 2.5 | 5.0 | 1.9 |
Croatia Industry Chart
Source: Central Bureau of Statistics and FocusEconomics calculations.
Croatia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.67 | 0.0 % | Dec 31 |
| Exchange Rate | 6.64 | -0.54 % | Jan 01 |
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