Croatia Retail Sales Slow Further in June
Photo by maxbelchenko / Shutterstock.com
Croatia's retail sales volume rose by 3.8% year-on-year in real terms in June, following an increase of 4.3% in May, the Central Bureau of Statistics (Crostat) said on Friday, quoting working-day adjusted figures.
Sales declined for non-food products (-0.3% vs. 6.7% in May while they rose faster for food, beverages, and tobacco (5.2% vs. a flat reading in May).
On a monthly comparison basis, seasonally- and working-day adjusted retail sales volume fell 1% in real terms in June, after an increase of 2.3% in May, it said.
In a separate report, the Zagreb-based agency said that Croatia's industrial output rose 3.8% annually in June, following a 3.0% increase in May.
On month, industrial production added 1.2% in June, following an increase of 0.3% in the prior month.
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.