$ ZAGREB, 6 Aug (Hina) - The Croatian Finance Ministry issued a statement saying that CROLEI index, which signals industrial growth and development of global economic activities in Croatia, has announced growth of industrial
production in autumn.
AUTUMN
$
ZAGREB, 6 Aug (Hina) - The Croatian Finance Ministry issued a
statement saying that CROLEI index, which signals industrial
growth and development of global economic activities in Croatia,
has announced growth of industrial production in autumn. #L#
The index's upward movement since September 1996 announced
strong growth during the first three months of 1997. The latest
four check-ups have announced growth of industrial production in
the coming months.
Zagreb Institute of Economy and Finance Ministry have been
devising complex CROLEI indices for short-term estimate of
development of economic activities in Croatia.
The index registers the development of ten indicators: the
index of physical volume of raw material stocks with
manufacturers, the number of users of unemployment allowance,
performed work hours in construction, the value of agreed
construction works in the country, retail trade turnover,
wholesale trade turnover, reproduction material import, non-
productive outlays, the population's income from the sale of
products and services, and money supply M1.
(hina) rm
061230 MET aug 97