Croatia posts largest monthly decrease in industrial production in April

In April 2016, Croatia registered the largest monthly fall in industrial production in the European Union and was among the member states with its biggest annual growths, the EU statistical office Eurostat said on Tuesday.

In April 2016, industrial production in Croatia fell 2.8% on the month, after increasing 3.9% in March. 

Among the member states, the largest monthly decreases in April 2016 were registered in Croatia (-2.8%), Lithuania (-2.7%) and Latvia (-2.0%). The highest monthly increases were registered in Ireland (+6.7%) and Portugal (+6.4%).

In the EU28, seasonally adjusted industrial production in April 2016 rose by 1.3%, after decreasing 0.5% in March 2016.

Year on year, industrial production in Croatia in April 2016 increased 5%, ranking it among the member states with the highest increases alongside Slovakia (+7.2%), Poland (+5.9%), Slovenia (+5.3%) and Hungary (+5.2%), while decreases were observed in Malta (-3.6%), Luxembourg (-2.5%) and Lithuania (-1.3%).

In March 2016, Croatia's industrial production increased 6.9% on the year.

In April 2016 compared with April 2015, industrial production in the EU 28 increased 2.5%, after a 0.3% increase in March.

Last update: Fri, 24/06/2016 - 08:49

More from Croatia

Brexit - opportunity for resetting relations inside EU

Great Britain's decision to leave the European Union has raised many questions and triggered off divisions in the...

Book about Cardinal Stepinac by British author presented

The book by British author Robin Harris entitled "Stepinac - His Life and Times" can be an incentive to better study...

56 civilians killed in 1990s war commemorated

The innocent victims in Bacin must never be forgotten and the truth about their murder and the Homeland War must be...

Petrov says isn't thinking of running for president

The speaker of the ninth parliament and leader of the Bridge party, Bozo Petrov, on Friday dismissed speculation...

HVIDRA war veteran association against meeting Serbia veterans

The leader of the association of Homeland Defence War veterans that goes by the name HVIDRA and a Croatian...