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
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