Croatia Among EU States With Biggest Industrial Output Drops in July Month-Over-Month

Total Croatia News

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In July 2021, the seasonally adjusted industrial production rose by 1.5% in the euro area and by 1.4% in the EU, compared with June 2021, when industrial production fell by 0.1% in the euro area and remained stable in the EU.

In the euro area in July 2021, compared with June 2021, production of non-durable consumer goods rose by 3.5%, while in the EU it rose by 2.8%.

Capital goods went up by 2.7% in the euro area and by 2.4% in the EU, and intermediate goods by 0.4% in the euro area and by 0.5% in the EU, while energy production was stable in the EU and fell by 0.6% in the euro area.

Among member states for which data are available, the highest monthly increases were registered in Ireland (+7.8%), Belgium (+5%) and Portugal (+3.5%). The largest decreases were observed in Lithuania (-2.0%), Slovenia (-1.8%) and Croatia (-1.6%).

In July 2021 compared with July 2020, industrial production increased by 7.7% in the euro area and by 8.3% in the EU.

In the euro area in July 2021, compared with July 2020, production of intermediate goods rose by 11.2%, nondurable consumer goods by 10.1%, durable consumer goods by 9.8%, capital goods by 5.9% and energy by 1%.

In the EU, production of intermediate goods rose by 11.8%, non-durable consumer goods by 9.4%, durable consumer goods by 8.9%, capital goods by 6.3% and energy by 2.7%. 

For more about business in Croatia, follow TCN’s dedicated page.

 

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