Croatia's industrial output up 0.6% y/y in August.

By bne IntelliNews October 1, 2012
Croatia's industrial production inched up 0.6% on the year in August after dropping an annual 5.5% in the previous month, working-day adjusted data of the statistics office showed. The industrial output increased in August after declining in the previous seven consecutive months. The increase was prompted by a better performance in manufacturing, which output went up 2.8% on the year, following a drop of 4.6% on the year a month earlier. Production in mining and quarrying fell 21% on the year in August, while electricity, gas, steam and air conditioning supply output stepped down 3%. The main industrial groups showed the following annual production movements in August: consumer durable goods increased 5.9% on the year, consumer non-durable goods went up 8% on the year and capital goods grew 3.2%, while energy decreased 0.8% and intermediate goods fell 9.9%. The seasonally adjusted industrial production inched up 0.7% on the month in August after increasing by 1.6% on the month in July.

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