Financial News: Croatia Industrial Production Decreases For Second Month

Croatia Industrial Production Decreases For Second Month

12/31/2024 - 11:44:00 (RTTNews)

(RTTNews) - Industrial production in Croatia fell for a second straight month in November, led by a slump in manufacturing, preliminary data from the statistical office showed Tuesday. The total industrial production decreased a working-day adjusted 6.6 percent year-on-year in November after a 2.1 percent fall in October.

Manufacturing output shrunk 8.1 percent and production in the utilities sector decreased 1.2 percent. The mining and quarrying output increased 3.0 percent.

Capital goods and durable goods production shrunk 15.8 percent and 18.9 percent, respectively. Non-durable goods output decreased 9.6 percent, and intermediate goods output was 4.2 percent lower. Energy output grew 3.5 percent.

<a href=https://www.rttnews.com/3499810/croatia-retail-sales-growth-stable-at-6-7.aspx target=_blank >Croatia Retail Sales Growth Stable At 6.7%</a> <a href=https://www.rttnews.com/3498936/croatia-jobless-rate-rises-to-5-0.aspx target=_blank >Croatia Jobless Rate Rises To 5.0%</a>

Industrial production fell a seasonally and working-day adjusted 2.4 percent month-on-month in November following a 3.9 percent decline in October.

The stocks of finished products were 5 percent lower than a year ago, but 2.4 percent from the previous month in November.

Employment in the industrial sector shrunk 2.1 percent year-on-year but was unchanged from October.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In January (11 hr(s), 49 min(s) ago)
(RTTNews) - Revised data released by the University of Michigan on Friday showed consumer sentimen ...Full Story»

Eurozone Private Sector Grows In January (12 hr(s), 14 min(s) ago)
(RTTNews) - Euro area private sector returned to growth in January as the contraction in manufactu ...Full Story»

U.S. Existing Home Sales Jump Much More Than Expected In December (12 hr(s), 24 min(s) ago)
(RTTNews) - A report released by the National Association of Realtors on Friday showed existing ho ...Full Story»

Slovenia Consumer Confidence Weakens Slightly (13 hr(s), 35 min(s) ago)
(RTTNews) - Slovenian consumers remained slightly more pessimistic at the start of the year, figur ...Full Story»

Hungary Jobless Rate Falls To 4.4% (14 hr(s), 05 min(s) ago)
(RTTNews) - Hungary's unemployment rate increased during the October-December period, data fro ...Full Story»

Taiwan Q4 GDP Growth Eases To 1.84% (14 hr(s), 34 min(s) ago)
(RTTNews) - Taiwan's economy continued to expand in the final quarter of 2024, though at the ...Full Story»

UK Private Sector Logs Further Marginal Expansion (15 hr(s), 01 min(s) ago)
(RTTNews) - The UK private sector activity expanded at the fastest pace in three months in January ...Full Story»

Spain Producer Prices Rise 2.3% In December (16 hr(s), 09 min(s) ago)
(RTTNews) - Spain's producer prices increased for the second straight month in December amid a ...Full Story»