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Croatia's industrial output down 5.7% y/y in Feb

Mar 29, 2024, 2:12:34 PMArticle by Annie Tsoneva
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March 29 (SeeNews) - Croatia's industrial output fell 5.7% on the year in February, following a decline of 1.3% in January, the Croatian Bureau of Statistics said on Friday.

Croatia's industrial output down 5.7% y/y in Feb
The FACC plant in Jakovlje, Croatia. Photo by FACC.

On a monthly comparison basis, industrial production fell 4.6% in February, after it stagnated in January, according to seasonally and working day-adjusted data.

Croatia's industrial output dipped 0.1% on the year in 2023, according to figures released earlier by the same office.

Croatia's industrial output, breakdown by sectors (pct change):

February y/y January y/y February m/m January m/m
Total -5.7 -1.3 -4.6 0.0
Mining -3.1 -3.9 0.5 0.8
Manufacturing -1.9 -0.8 -2.5 0.5
Utilities -18.4 -3.6 -9.5 0.0

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