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31 Gennaio 2023

Croazia

CROATIA: DECEMBER INDUSTRIAL PRODUCTION DECLINED FOR SECOND CONSECUTIVE MONTH, down 2%

The State Bureau of Statistics (DZS) announced on 30 January that Industrial production in Croatia increased in December 2022 by 0.1%when compared to the previous month, while it fell by 2.4% when compared to December 2021 – and it was the second consecutive month in which production fell, and was down slightly more than in November when it fell by 2.3% on an annual basis.The December 2022 decline in production on an annual bases was seen in four of the five sectors, with the highest being in the production of energy at 10.1%, which was followed by a 4.9% decrease in non-durable consumer goods, then durable consumer goods production was down by 4% and then intermediate products were lower by 3.8%. Capital goods production was the only sector to record an annual increase, up by 15.9% in 2022 – and for the full-year 2022 industrial production increased by only 1.6%. Citing the DZS data, HRT noted that the drop in industrial production recorded in the two consecutive months “indicated an even further slowing” of the economic growth in 4Q2022 – which followed a 5.2% year-on-year increase in the gross domestic product (GDP) in 3Q2022. Moreover, this was the sixth consecutive quarter of economic recovery from the economic effects of the COVID-19 pandemic – though it was even slower growth than was recorded in 2Q2022 when there was GDP growth of 8.7%. percent.The DZS also announced on Monday that based on “working day-adjusted data” the industrial output in Croatia was up by 1.6% on an annual basis in full-year 2022 -- while in December 2022 it was up by 0.1% month-on-month, but was lower year-on-year by 2.4%. It also showed that in Croatia industrial output had increased in 2021 on an annual basis by 6.7%, but in 2020 had experienced an annual loss of 3.4%.   (ICE ZAGABRIA)


Fonte notizia: HRT online edition 30/01/2023