Croatia retail sales decrease in November
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%.
ADVERTISEMENT
Mapei Targets 6% Higher Revenue This Year
Parliament Negates Mandatory Membership in MOK
Magyar Suzuki to Start Dual Training Courses
Budapest Leaders Unveil Plans to Scale Back Traffic on Thoro...
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.
