Europe > Southern Europe > Croatia > Croatia's Industrial Output Rebounds In January

Croatia: Croatia's Industrial Output Rebounds In January

2013/03/19

Industrial production in Croatia increased annually in January next falling in the previous months, data released by the Croatian Bureau of Statistics showed Monday. Industrial production increased a working-day adjusted 3.4 % year-on-year in January, reversing the 5.4 % decrease seen in December. In November and October, production had dropped 4.3 % and 5.9 % respectively.

Production in the manufacturing sector rose 2 % annually, while mining and quarrying production fell by 10 %. There was an 11.6 % rise in the production of electricity, gas, steam and air conditioning supply during the month.

Output of consumer durables and non-durables increased 2.8 % and 6.9 % respectively from a year formerly, while energy production climbed 4.5 %. There was a 1.2 % decrease in the production of intermediate goods and a 1 % fall in capital goods output.

On a monthly basis, industrial production increased a seasonally adjusted 2.3 % in January, following the previous month's 0.6 % decrease, the agency said.

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