ZAGREB, 31 May 2021 - Croatia's industrial output jumped by a record-high 17.3% in April, rising for five straight months, which is perceived as an indicator of the post-corona crisis recovery of the production and the whole economy.
The national statistical office (DZS) on Monday published data showing that Croatia's industrial production in April fell 2.1% compared to March, whereas it soared 17.3% in comparison to April 2020, and this is the highest year-on-year increase since the start of keeping data on industrial production trends in 2001.
All five sectors see rise y-o-y
The production of durable consumer goods skyrocketed by 138.7%.
The production of intermediate goods increased by 19.5%, and of energy by 18%.
The capital goods production increased 14.1%, and production of consumer non-durables rose by 11% on the year.
The recovery of the economy is also reflected in the fact that the retail turnover in April soared by 34.4% on the year.
The economy is on the track of recovery since Croatia's GDP saw a rise for the third quarter on a quarterly basis.
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