It was the most substantial rise in retail trade since October 2021, driven by increased sales in both non-food products (13.3% vs 10.7% in October). Conversely, sales of food, beverages & tobacco grew at a slower pace (2.1% vs 4.8%). On a monthly basis, retail sales grew by 1.2% in November, following a 1.1% increase in the prior month.
Another report from the Zagreb-based agency showed, that industrial production in the Adriatic country expanded by 4.8% year-on-year in November, from a 1% growth in the previous month, as output accelerated for manufacturing (6% vs 1.8% in October) and rebounded for electricity, gas, steam & air conditioning supply (1.8% vs -1.1%).
On a seasonally adjusted monthly basis, industrial production increased by 2.6% in November, following a 1.4% decline in the previous month.
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