Croatia's industrial output edged up 0.3 percent from a year earlier in December of 2020, following a 1.7 percent decrease in the previous month. Output declined at a slower pace for consumer durable goods (-8.1 percent vs -17.6 percent in November); energy (-4.9 percent vs -9.1 percent) and consumer non-durable goods (-2.6 percent vs -3.6 percent), while intermediate goods output accelerated (4.7 percent vs 3 percent). Industrial activity fell 3.4 percent in 2020. source: Croatian Bureau of Statistics
Industrial Production in Croatia averaged 0.97 percent from 1999 until 2020, reaching an all time high of 15.10 percent in December of 2016 and a record low of -13.30 percent in June of 2009. This page provides - Croatia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Industrial Production in Croatia is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Croatia to stand at 3.00 in 12 months time. In the long-term, the Croatia Industrial Production is projected to trend around 3.00 percent in 2022 and 2.00 percent in 2023, according to our econometric models.