Industry in Croatia

Croatia Industry | Economic News & Forecasts

Croatia - Industry

Industrial production rises solidly in March

In March, industrial output rose a solid 3.0% in working-day adjusted terms over the same month last year, following February’s mild 0.6% expansion. As such, the annual average variation in industrial output improved to minus 0.5% in March from minus 0.9% a month earlier.

March’s pick-up was largely driven by a marked acceleration in manufacturing output compared to February. Meanwhile, both the mining and quarrying, and electricity, gas, steam and air conditioning supply sectors contracted in March.

On a month-on-month basis, industrial production dipped 0.6% in seasonally- and working-day adjusted terms in March, a softer drop than February’s 2.4% fall.

Met the why particular Consensus Forecast panelists expect industrial production to expand 2.0% in 2019, which is unchanged from last month’s estimate, and 2.1% 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 Met the why particular calculations.

Croatia Facts

Bond Yield1.780.0 %May 13
Exchange Rate6.60-0.54 %May 13
Stock Market1,811-0.48 %May 13

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