Croatia's industrial sales fall 11% y/y in July

Industrial sales on the non-domestic market fell 15.6% on the year in July, while domestic industrial sales shrank by 7.5%, the statistical office said in a statement on Monday.

Sales of intermediate goods dropped by 3.6% on the year, sales of non-durable consumer goods fell by 4.8%, while sales of durable goods increased by 9.8% in July.

Sales of capital goods shed 22.1% year-on-year in July, while sales of energy plunged 41.1%.

On a monthly comparison basis, Croatia's industrial sales edged up 0.7% in July.

The country's industrial sales decreased by 1.8% last year.