Industrial production in Croatia rose by 3 percent year-on-year in May of 2022, improving from a revised 1.7 percent increase in the previous month. It was the fastest expansion in industrial activity in three months, boosted by manufacturing (3.2 percent vs 2.5 percent in April) and electricity, gas, steam and air conditioning supply (2.5 percent vs 2.6 percent). By contrast, mining production continued to decline (-6.5 percent vs -7.1 percent). On a monthly basis, industrial production went up 0.3 percent, following a revised 1.1 percent fall in the previous month. source: Croatian Bureau of Statistics

Industrial Production in Croatia averaged 1.25 percent from 1999 until 2022, reaching an all time high of 17.30 percent in April of 2021 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 July of 2022.

Industrial Production in Croatia is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Croatia Industrial Production is projected to trend around 6.00 percent in 2023 and 7.00 percent in 2024, according to our econometric models.

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Croatia Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-05-31 09:00 AM Apr -1.3% -1.9% -2.2%
2022-06-30 09:00 AM May 3% 1.7% -1.6%
2022-07-29 09:00 AM Jun 3%


Related Last Previous Unit Reference
Industrial Production Mom 0.30 -1.10 percent May 2022
Industrial Production 3.00 1.70 percent May 2022
Manufacturing Production 3.20 1.50 percent May 2022
Changes in Inventories 57390.22 -10298.86 HRK Million Mar 2022
Mining Production -6.50 -7.10 percent May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
3.00 1.70 17.30 -13.30 1999 - 2022 percent Monthly
WDA

News Stream
Croatia Industrial Growth Quickens in May
Industrial production in Croatia rose by 3 percent year-on-year in May of 2022, improving from a revised 1.7 percent increase in the previous month. It was the fastest expansion in industrial activity in three months, boosted by manufacturing (3.2 percent vs 2.5 percent in April) and electricity, gas, steam and air conditioning supply (2.5 percent vs 2.6 percent). By contrast, mining production continued to decline (-6.5 percent vs -7.1 percent). On a monthly basis, industrial production went up 0.3 percent, following a revised 1.1 percent fall in the previous month. Considering the first five months of the year, industrial production rose 2.6% over a year ago.
2022-06-30
Croatia Industrial Output Drops for 2nd Month
Industrial production in Croatia fell 1.3 percent year-on-year in April of 2022, improving slightly from a 1.9 percent decline in the previous month. Output continued to fall for mining and quarrying (-7.1 percent vs -5.1 percent in March); and manufacturing (-2 percent vs -2.7 percent) while eased for electricity, gas, steam and air conditioning supply (2.6 percent vs 3.9 percent). On a monthly basis, industrial production sank 1.5 percent, following a 1.4 percent fall in the previous month.
2022-05-31
Croatia Industrial Output Growth Quickens
Industrial production in Croatia increased 4.0 percent year-on-year in February of 2022, quickening from a 3.5 percent rise in the previous month. Main upward pressure came from electricity, gas, steam, and air conditioning supply (3.6 percent vs 0.8 percent in January), while growth manufacturing output eased slightly (4.2 percent vs 4.4 percent). Conversely, output from mining and quarrying activities fell at a stronger pace (-1.3 percent vs -0.4 percent). On a monthly basis, industrial production went up 2.6 percent, rebounding from a 0.6 percent drop in the previous month.
2022-03-31