Croatia’s Industrial Output Rises for 12 Months in Row

The 12-month rising streak indicates that Croatia’s economy continues to bounce back from the corona crisis.

The 3.7% rate was higher than the rise of 2.7% in industrial production in October 2021 compared to October 2020. 

All five sectors saw growth this November, and the highest one, of 12.5%, was registered in capital goods production, and the lowest rate, 0.7%, was in the production of non-durable consumer goods.

This November, the industrial output shrank by 1.4% compared to October.

Croatia’s industrial production in the first eleven months of 2021 increased 6.7% in comparison to the corresponding period in 2020.

For more, check out our business section.

 

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