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Industrial output in Croatia down month-on-month

Author: Roberta Mlinarić

ZAGREB, April 12 (Hina) - In February this year, Croatia, Ireland and France saw the biggest monthly drops in industrial output and production declines were also registered in the whole of the EU and the euro area, shows the latest report by Eurostat.

Seasonally adjusted industrial production in Croatia dropped in February by 1.5% in relation to the previous month, when it went down by 6.8% on the month, shows the report.

Industrial output in Ireland dropped 15.5% and in France 1.6%.

The highest monthly increases in industrial output were reported by Bulgaria and Slovenia, 3.6% each, and Hungary and Latvia, 3.4% and 3.2% respectively.

At the EU level, seasonally adjusted production dropped 0.2% from January, when it rose 0.3%.

The drop in industrial output was due to a 3.9% decrease in energy production and a 0.9% drop in the production of non-durable consumer goods.

The euro area saw a 0.3% drop in industrial output in relation to January, when production grew 0.3%.

Compared to February 2016, industrial output in Croatia in February this year grew 2.4% after going up 4% in January.  

(Hina) rml

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