0
0
0Croatian Industrial Production Jumps in One Month
- New Europe Investor
- November 03, 2015
Croatian industrial production has increased by 5.9% in September compared to the previous month, according to the Central Bureau of Statistics (CBS).
Seasonally adjusted, the figure was 5.4% and is the biggest monthly jump in industrial production in the country since April of 2008.
September’s growth represents eight consecutive months of rising industrial production. Eight months of increasing industrial production has not been seen in Croatia since 2007, two years before the six year recession hit the country.
Industrial production increased in August of this year by 2.8%, compared to the previous month.
Deputy Prime Minister, Branko Grcic, told Croatian media that the significant share of industry in the country’s economy, (approximately 20%), will mean that it will have a significant impact in the quarterly growth figure, when released.
Related Articles
-
Croatia Refuses to Support Serbia EU Application
Croatia Refuses to Support Serbia EU Application
April 11, 2016Serbia has displayed shock at Croatia’s decision to block the opening of negotiations for ...
-
Growing Croatian Tourism Creates New Opportunities
Growing Croatian Tourism Creates New Opportunities
April 06, 2016The number of foreign tourists visiting Croatia in January of 2016 grew by 8.8% compared to the ...
-
Croatia Gas Terminal Could Lose Status
Croatia Gas Terminal Could Lose Status
April 04, 2016The gas terminal due for the north of Croatia could lose its status as a strategic project ...
-
Croatia Will Not Block Serbia to EU Says Minister
Croatia Will Not Block Serbia to EU Says Minister
March 30, 2016Serbia’s Minister for European Union Integration, Jadranka Joksimovic says she does not ...
-
Russian Bank Sberbank Leaving Croatia?
Russian Bank Sberbank Leaving Croatia?
March 16, 2016One of Europe’s largest lenders Sberbank, is reportedly planning to exit the Croatian ...
