Business

Croatia's May Industrial Turnover Jumps 24.3% y-o-y, 10% m-o-m

By 27 July 2022
Croatia's May Industrial Turnover Jumps 24.3% y-o-y, 10% m-o-m
Image: Pixabay

ZAGREB, 27 July 2022 - In May 2022, industrial turnover was 24.3% higher on the year and 10% on the month, the Croatian Bureau of Statistics (DZS) said on Tuesday.

Year on year, industrial turnover went up by 28.2% on the domestic and by 19.4% on the foreign market.

In May, the highest year-on-year increase was recorded in the sale of energy, +58.6%.

It was followed by durable consumer goods (+33.2%)

Industrial turnover of intermediate products grew 24.6%, of non-durable consumer goods (+19..4%), and capital goods by 18.3%.

Year on year, industrial turnover has been increasing since early 2021, except in February that year, when it dropped 7.7%. In January 2021, it was up by 1.7% and since March increases have been in two-digit numbers, the highest in April (+40.6).

Month on month, industrial turnover in May 2022 increased by 8.1% on the domestic and by 11.8% on the foreign market.

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