Croatian industrial output falls less in February

Automotive

Photo by ABFpics/Shutterstock.com

Croatia’s industrial production fell 2% year-on-year in February, following a 5.5% decline in the previous month, data from the Croatian Bureau of Statistics (Crostat) shows. 

A Maersk Line cargo freighter approaching the port of Rijeka, Croatia to be loaded on March 22, 2020. Photo by ABFpics/Shutterstock.com

Output dropped less in mining (-5.7% via -12.1 in January) as well as in manufacturing (-0.6% via -4%). Meanwhile, production of utilities increased 1.8% compared to a 4% fall in the prior month.

On a seasonally adjusted monthly basis, industrial production advanced 1%, after a 0.6% rise in the prior month, Crostat said on March 31.

ADVERTISEMENT

E-scooters More Popular Than Bikes at eMag Analysis

E-scooters More Popular Than Bikes at eMag

Parliament Negates Mandatory Membership in MOK Parliament

Parliament Negates Mandatory Membership in MOK

Civita Group Inaugurates HUF 2.5 bln Pasta Plant Manufacturing

Civita Group Inaugurates HUF 2.5 bln Pasta Plant

Service Restarted on Full Length of Metro Line M3 City

Service Restarted on Full Length of Metro Line M3

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.