Croatia among EU countries with marked growth in industrial output

Croatia among EU countries with marked growth in industrial output

In September this year Croatia was again among EU countries with a significant monthly rise in industrial production, after experiencing a drop for two consecutive months, while industrial output at the EU level decreased, according to figures released by the EU’s statistical office Eurostat on Monday.

Seasonally-adjusted industrial production in Croatia in September grew 3.6% compared to the previous month, when it dropped 1.1%. A drop in industrial output of 0.5% was reported in July.

Industrial output in the EU in September increased the most in Sweden, by 7.6%, followed by Ireland and Estonia, with rises of 6.4% and 5.2% respectively.

The biggest drops in industrial output were reported by Denmark, 8.1%, followed by Germany and Greece, with drops of 1.9% and 1.8% respectively.

In the whole of the EU, seasonally adjusted industrial output dropped 0.7% from August, when it went up 1.6%.

Industrial production also dropped in the euro area, by 0.8%, as against an increase of 1.8% in August.

On the year, working-day adjusted industrial output in Croatia grew in September by 1.9% as against 2.5% in August.

Industrial output annually grew the most in Lithuania, by 7.9%, followed by Slovenia (7.4%) and Estonia (6.5%).

On the year, industrial output dropped the most in Denmark (3.2%), followed by France (1%) and Ireland (0.9%)./IBNA