Croatia among EU countries with highest decrease in industrial production

In February Croatia was among the European Union (EU) member states with the highest decrease in industrial production on the month, with a fall recorded at the EU level as well, data reported by the EU statistical office on Wednesday indicates.

Seasonally adjusted industrial production in Croatia in February decreased by 1.6% compared with January when it jumped by 3.2%, Eurostat reported.

Croatia was among the EU member states with the highest monthly fall in production. The highest fall was recorded in Ireland (10.2%), followed by Greece (4.4%).

The highest increase, however, was generated in Lithuania (2.5%), followed by Slovakia (2.4%) and Malta (1.8%).

In February 2016 compared with January 2016, seasonally adjusted industrial production fell by 0.7% in the 28 EU member states. In January 2016 industrial production rose by 1.5% in the EU28. 

On an annual level, industrial production in Croatia in February rose by 4.4%, half the rate than in January when it jumped by 9.3% on the year, Eurostat said.

Among Member States for which data are available, the highest increases in industrial production were registered in Slovakia (+7.4%), Slovenia (+6.5%) and Lithuania (+6.3%) and the largest decreases in Malta (-4.6%), Greece (-3.0%) and the Netherlands (-2.8%).

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