Croatia's labour productivity up 11.3% y/y in Jan 2013.

By bne IntelliNews March 5, 2013
Croatias labour productivity increased by an annual 11.3% in January 2013 after dropping by 1.3% in the whole of 2012, the statistics office said in a statement. The last time, when the labour productivity reported growth was at end-2011. Labour productivity went up 11.1% in the manufacturing sector in January after shrinking 0.9% in 2012. The index also rose in the electricity, gas, steam and air conditioning supply sector - by 14.6% on the year in the first month of 2013, following a 0.2% increase in 2012. Labour productivity in mining and quarrying, however, fell 6.7% on the year in January. In terms of the main industrial group classification, the highest growth was registered in consumer non-durable goods, which went up 17.4% on the year, and in intermediate goods, which increased by 9% on the year. An annual increase of 8.2% in January was registered in the energy sector too. The total number of employees in the industry sector shrank 5.6% on the year in January following an annual drop of 6.1% a month earlier. Industrial employment deteriorated in mining and quarrying by an annual 3.7% and dropped by 6% on the year in processing. In utilities, it went down 2.5% on the year. On a monthly basis, the number of employees inched down 0.2% in January.

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