Croatia's industrial output shrank 1.7 percent from a year earlier in November of 2020, following a downwardly revised 2.2 percent increase in the previous month. Output declined for consumer durable goods (-17.6 percent vs -8.3 percent in October); energy (-9.1 percent vs -1.9 percent) and consumer non-durable goods (-3.6 percent vs -3.7 percent). Considering the first eleven months of the year, industrial activity fell 3.8 percent over a year earlier. source: Croatian Bureau of Statistics
Industrial Production in Croatia averaged 0.97 percent from 1999 until 2020, reaching an all time high of 15.10 percent in December of 2016 and a record low of -13.30 percent in June of 2009. This page provides - Croatia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
Industrial Production in Croatia is expected to be -0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Croatia to stand at 3.20 in 12 months time. In the long-term, the Croatia Industrial Production is projected to trend around 3.00 percent in 2021 and 2.00 percent in 2022, according to our econometric models.