Croatia retail sales decrease in November

Retail

Croatia's retail sales declined at a faster pace in November, figures from the Croatian Bureau of Statistics (Crostat) show. Retail sales in volume terms fell a working day and seasonally adjusted 6.0% year-on-year in November, following a 0.7% increase in October.

On a monthly basis, retail sales rose 1.5% in November, after a 3.6% increase in the preceding month.

In value terms, retail sales decreased 6.5% annually in November and rose 1.4% from a month ago. Separate data from the Zagreb-based agency show that Croatia's industrial output shrank 1.7% from a year earlier in November of 2020, following a downwardly revised 2.2% increase in the previous month.

Output declined the most for consumer durable goods (-17.6%) and energy (-9.1%). On a monthly bases, seasonally and working-day adjusted industrial production decreased by 2.6%.

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