Croatia: Industrial output growth accelerates in May
Industrial production increased 3.0% year-on-year in working-day adjusted terms in May (April: +1.6% yoy).
On a monthly basis, factory output rose 0.4% in seasonally-adjusted terms in May, which contrasted April’s 1.1% fall. Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 3.7% in May, down from April’s 4.7%.