Croatia's industrial output declined 2.2 percent from a year earlier in December 2019, following a 0.4 percent fall in the previous month. Production of non-durable goods contracted (-6.2 percent compared to 1.4 percent in November); and intermediate goods output shrank further (-2.9 percent compared to -0.4 percent). Also, output growth eased for energy (2.6 percent compared to 8.3 percent) and durable goods (16.3 percent compared to 17.5 percent). In contrast, capital goods production dropped at a softer pace (-0.1 percent compared to -18.8 percent). On a monthly basis, industrial production went down 1.5 percent, after a 0.3 percent decline in November. Considering 2019 as a whole, industrial output advanced 0.5 percent compared to the same period of the previous year.

Industrial Production in Croatia averaged 1.18 percent from 1999 until 2019, 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.

Industrial Production in Croatia is expected to be 3.50 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 2.20 in 12 months time. In the long-term, the Croatia Industrial Production is projected to trend around 2.00 percent in 2021, according to our econometric models.


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Croatia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-2.20 -0.40 15.10 -13.30 1999 - 2019 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2019-10-30 10:00 AM Sep 2% -1.7% 0.3%
2019-11-29 10:00 AM Oct 0.3% 2% 2.7%
2019-12-30 10:00 AM Nov -0.4% 0.3% -0.9%
2020-01-30 10:00 AM Dec -2.2% -0.4% 4.5%
2020-03-06 10:00 AM Jan -2.2%
2020-03-31 10:00 AM Feb
2020-04-30 09:00 AM Mar 3.5%
2020-05-29 09:00 AM Apr


News Stream
Croatia Industrial Output Falls the Most in 6 Months
Croatia's industrial output declined 2.2 percent from a year earlier in December 2019, following a 0.4 percent fall in the previous month. Production of non-durable goods contracted (-6.2 percent compared to 1.4 percent in November); and intermediate goods output shrank further (-2.9 percent compared to -0.4 percent). Also, output growth eased for energy (2.6 percent compared to 8.3 percent) and durable goods (16.3 percent compared to 17.5 percent). In contrast, capital goods production dropped at a softer pace (-0.1 percent compared to -18.8 percent). On a monthly basis, industrial production went down 1.5 percent, after a 0.3 percent decline in November. Considering 2019 as a whole, industrial output advanced 0.5 percent compared to the same period of the previous year.
2020-01-30
Croatia Industrial Production Falls in November
Croatia's industrial output decreased 0.4 percent from a year earlier in November 2019, reversing a 0.3 percent growth in the previous month, mainly due to a contraction in capital goods production (-18.9 percent vs 0.1 percent). In addition, intermediate goods output shrank 0.4 percent (vs -2.6 percent in October), while output rose for energy (8.3 percent vs 6.4 percent), durable (17.5 percent vs 8.1 percent) and non-durable goods (1.4 percent vs -1.7 percent). On a monthly basis, industrial production dropped 0.7 percent, after a 1.3 percent fall in October.
2019-12-30
Croatia Industrial Output Growth Slows
Industrial output in Croatia edged up 0.3 percent over a year earlier in October of 2019, after a 2 percent jump in the previous month. Production slowed for durable goods (8.1 percent compared to 19.1 percent in September) and fell for nondurables (-1.7 percent compared to 4.4 percent). On the other hand, production rose faster for energy (6.4 percent compared to 3.4 percent) and edged up 0.1 percent for capital goods, after a 7.1 percent drop in the previous month. On a monthly basis, industrial output shrank 1.3 percent, following a 2.5 percent rise in September.
2019-11-29
Croatia Industrial Output Rebounds in September
Industrial output in Croatia rose 2 percent over a year earlier in September 2019, after a 1.7 percent fall in the previous month. Production of intermediate goods rebounded (0.4 percent from -5.1 percent in August) and output advanced further in consumer durable goods (19.1 percent from 9.5 percent) and non-durable goods (4.4 percent from 3 percent). Additionally, production of capital goods dropped 7.1 percent, less than a 12.9 percent fall in August. On a seasonally adjusted basis, industrial output went up 2.5 percent, following a 3 percent decline in the prior month.
2019-10-30

Croatia Industrial Production
In Croatia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.