Croatia industrial activity, retail sales slow in October

Manufacturing

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Industrial production in Croatia advanced 2.7% year-on-year in October, following a 2.8% rise in the previous month, figures from the Croatian Bureau of Statistics (Crostat) showed on Tuesday.

Production slowed for manufacturing (0.9% vs 2.5% in September) and it contracted for mining & quarrying (-4.6% vs 11.9%).

Meanwhile, output jumped for electricity, gas, steam, and air conditioning supply (13.5% vs 0.1%).

On a seasonally adjusted monthly basis, industrial production rose 1.9%, reversing a 1.2% decrease in the previous month. In a separate report, the Zagreb-based bureau said, quoting working-day adjusted figures, that retail sales volume grew by an annual 9.2% in real terms in October, after rising by 14.5% in September.

On a monthly comparison basis, seasonally- and working-day adjusted retail sales volume declined by 2.1% in October, while in September it was unchanged.

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