Industrial turnover up 2.9%

Croatia's seasonally-adjusted industrial turnover in October 2015 was down 2.7% from the previous month, while working day-adjusted data show that compared to October 2014, industrial turnover was 2.9% higher, according to the national statistical office (DZS).

Industrial turnover on the domestic market in October this year was 6% down from the previous month, while industrial turnover on foreign markets was 0.3% higher.

On the year, industrial turnover on the domestic market was 7.1% down, while on foreign markets it grew 19.4%.

In the first ten months of this year, industrial turnover was 3.4% higher than in the same period of last year.

Croatian Chamber of Commerce official Zvonimir Savic said that the 3.4% growth of industrial turnover in the first ten months was owing to a rise in foreign demand. Sales on foreign markets in the said period grew 10.3%, while domestic sales dropped 2.4%, testifying to weak domestic demand, Savic said.

Last update: Mon, 14/12/2015 - 13:31
Author: 

Related

More from Business

US unemployment rate dips to 9-year low

The US unemployment rate fell in November to 4.6 per cent, a nine-year low, the Bureau of Labour Statistics said...

Chinese firm building full-size Titanic replica for tourists

Construction has begun on the world's first full-size replica of the Titanic in China, a country that fell in love...

Erdogan calls on Turks to sell dollars and buy lira and gold

President Recep Tayyip Erdogan urged Turkish citizens on Friday to sell their dollars and buy gold and lira, as the...

EU agrees to let Germany introduce road toll, staving off legal feud

The European Commission has approved Germany's plan to introduce a road toll on its motorways, top transport...

Danish container shipping giant Maersk Line to buy German rival

Global shipping giant A/S Maersk Line of Denmark on Thursday announced plans to grow its business by buying German...