Industry in Croatia

Croatia Industry | Economic News & Forecasts

Croatia - Industry

Industrial production contracts again in August

In August, industrial output fell 1.0% in working-day adjusted terms over the same month last year, deteriorating further than the 0.9% drop recorded in July.

August’s dip was largely driven by a sharper decline in manufacturing output compared to the previous month. Moreover, mining and quarrying output continued to contract in August while growth in the electricity, gas, steam and air conditioning supply sector cooled slightly compared to July.

On a month-on-month basis, industrial production rose 0.3% in seasonally- and working-day adjusted terms in August, rebounding from the 3.7% decline logged in July, which had marked the lowest reading in one and a half years. Meanwhile, annual average growth in industrial production edged down from 0.6% in July to 0.3% in August, a near four-year low.


Croatia Industrial Production Forecast


FocusEconomics Consensus Forecast panelists expect industrial production to expand 1.5% in 2018, which is down 0.2 percentage points from last month’s estimate. In 2019, the panel sees industrial production growth of 2.7%, down 0.1 percentage points from last month’s forecast.

Croatia - Industry Data

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

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Croatia Industry Chart


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

Croatia Facts

ValueChangeDate
Bond Yield2.160.0 %Oct 18
Exchange Rate6.48-0.54 %Oct 18
Stock Market1,776-0.48 %Oct 18

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form