Croatia industrial output growth rises in February

Manufacturing

Croatia's industrial output grew by an annual 4% in February, after a 3.5% increase in January, the Zagreb-based Central Bureau of Statistics (Crostat) said on Thursday, quoting working day-adjusted data.

Main upward pressure came from electricity, gas, steam, and air conditioning supply (3.6%), while growth manufacturing output eased slightly (4.2% vs 4.4%).

Conversely, output from mining and quarrying activities fell at a stronger pace (-1.3% vs -0.4%). On a monthly basis, industrial production went up 2.6%, rebounding from a 0.6% drop in the previous month.

In a separate statement, the agency said that Croatia's construction output grew by 4.3% year-on-year in January, following a 7.6% increase in December.

On a seasonally- and working day-adjusted monthly comparison basis, construction output declined by 0.3% in January, after an increase of 2.2% in December.

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