ZAGREB, 6 Oct, 2021 - Croatia's industrial producer prices jumped by 12.1% in September 2021 compared with the same month in 2020, their highest rise since January 2011, according to the data released by the National Bureau of Statistics.

This was the seventh month in a row to see an increase in industrial producer prices on an annual level, following the 9.3% rise in August.

The positive streak began in March this year with an annual rise of 3.5% and was followed by increases of 5.8% in April, 7.6% in May, 7.2% in June and 7.9% in July. 

The rise was mainly driven by energy prices. Excluding energy, producer prices in September were 0.5% higher than in August and 3.5% higher than in September last year.

On the foreign market, industrial producer prices in September 2021 increased by 1.0% compared with August 2021 and by 10.1% compared with September 2020. On the domestic market, they rose by 3.2% month on month and by 13.7% year on year.

Broken down by main industrial groupings, in September compared with August, prices of energy on the domestic market increased by 9.4%, prices of capital goods by 0.5%, prices of intermediate goods by 0.4%, prices of durable consumer goods by 0.1%, and prices of non-durable consumer goods by 0.1%.

On an annual level, prices of energy on the domestic market rose by 42.2%, prices of intermediate goods by 6.2%, prices of durable consumer goods by 2.5%, prices of capital goods by 2.5%, and prices of non-durable consumer goods by 1.2%.

For more about business in Croatia, follow TCN's dedicated page

ZAGREB, 28 Sept, 2021 - A total of 1.637 million Croatian citizens have self-enumerated during the first phase of the 2021 census of the population, households and dwellings, which is more than 40% of the total population, the national statistical office (DZS) said on Tuesday.

Most of the citizens who have self-enumerated are from the City of Zagreb, 489,138 or 60% of the city's total population, and from Split-Dalmatia County, where 165,678 citizens or 37% of the county's total population have self-enumerated.

Split-Dalmatia County is followed by Zagreb County, with 137,313 self-enumerated citizens (44%), and Primorje-Gorski Kotar County, with 135,878 self-enumerated citizens (48%).

Citizens used the option of online self-enumeration the least in Lika-Senj County (10,400 or 23% of the county population), Virovitica-Podravina County (17,627 or 24% of the county population), and Požega-Slavonia County (17,724 or 27%).

In the second phase of the census, which starts on Tuesday, census-takers will be taking census data on the ground by visiting households and registering citizens, households and dwellings and taking from citizens who have self-enumerated control codes proving that they have successfully self-enumerated, the DZS said.

For more about politics in Croatia, follow TCN's dedicated page.

ZAGREB, 1 Sept, 2021 - Croatia's industrial production rose in July for the eighth month in a row, growing by nearly 4% on an annual level, indicating further recovery of production and the entire economy from the coronavirus crisis.

The Croatian Bureau of Statistics (DZS) reported on Wednesday that industrial production had shrunk by 1.6% in July compared with the previous month, while increasing by 3.9% compared with July 2020. This was slower growth than in June, when production had jumped by 8.3% year on year.

"Growth in the volume of industrial production continued in July, albeit at a slower rate compared with the previous months when stronger annual growth was the result of last year's low base," analysts at Raiffeisenbank Austria (RBA) said in their comment on the DZS report.

Growth was reported for three of five sectors. Energy production rose the most, by 13.1%, followed by production of non-durable consumer goods (+4.2%) and capital goods (+2.8%). Production of durable consumer goods and intermediate goods fell by 4.7% and 4.1% respectively.

After dropping by 3.4% last year, industrial production increased by 8.7% in the first seven months of this year compared with the same period of last year, contributing to the economic growth and recovery.

The data on further growth of industrial production, as well as recent figures on further growth of retail trade indicate continued recovery of the national economy from the coronavirus crisis. Last week, the DZS released data showing that GDP had jumped by a record 16.1% in the second quarter, its first growth after four quarters of decline.

"Although the epidemiological picture will continue to affect the pace of economic recovery, the growth of foreign and domestic demand and the industry confidence index, which continued to grow in July, nearing 2019's levels, confirm our expectations of a solid continuation of growth in the volume of industrial production until the end of the year," RBA said.  

For more on business, follow TCN's dedicated page.

For more about Croatia, CLICK HERE.

ZAGREB, 20 Aug, 2021 - In July 2021, there were 1.59 million persons in employment in Croatia, which is 1.5% more than in June 2021 and 2.3% more than in July 2020, while the registered unemployment rate this July slightly went down, the national statistical office (DZS) reported on Friday.

According to the DZS, the number of jobless people in January-July 2021 dropped by 0.2% on the year.

The number of the jobless registered with the Croatian Employment Service at the end of July 2021 was 126,006, down 0.2% on the month and 16.8% on the year, with the registered unemployment rate set at 7.4%.

A total of 1.35 million people were employed in legal entities, which is 1.3% more month on month and an increase of 2% on the year.

For more on lifestyle, follow TCN's dedicated page.

For more about Croatia, CLICK HERE.

ZAGREB, 20 Aug, 2021 - For this June, the average monthly net earnings per person in paid employment in legal entities in Croatia amounted to HRK 7,175, nominally higher by 5.9% and really by 3.8% as compared to the same month last year, according to the latest data provided by the national statistical office (DZS).

As compared to May 2021, both the nominal and the increase was one percent.

The highest average monthly net pay per person in paid employment in legal entities for June 2021 were earned in Manufacture of coke and refined petroleum products (HRK 15,823), while the lowest were earned in Manufacture of wearing apparel (HRK 4,409).

Median net take-home pay for June 2021 amounted to HRK 6,023, and the median gross salary was HRK 7,813.

(€ 1 = HRK 7.482172)

For more on lifestyle, follow TCN's dedicated page.

For more about Croatia, CLICK HERE.

ZAGREB, 19 August, 2021 - The turnover of passengers at Croatian seaports in the second quarter of 2021 reaches 5.4 million, up 81.8% on the year and 41.9% more than in the same period in 2019, according to the national statistical office (DZS).

The port in Split recorded the highest number of passengers -- 739,970 -- which is 115.3% more than in the same period the year before.

The port in Zadar follows with 474,089 passengers or 63.8% more on the year.

Maritime freight increased by by 10.2% with Croatian ports handling 6.2 million tonnes of seaborne goods in the said period.

For more about business in Croatia, follow TCN's dedicated page.

ZAGREB, 13 Aug 2021 - Croatia's commercial accommodation facilities in June reported 72% more tourists and 82% more overnights than in the same month of 2020, however the numbers are still not at the level of 2019, notably when it comes to foreign tourists, according to data provided by the national statistical office (DZS).

Commercial accommodation facilities reported a total of 1.37 million tourists in June 2021, and they generated 6.5 million overnights.

In June 2021, there were 1.1 million foreign guests in commercial accommodation facilities, or 50.6% more than in June 2020, and they generated 5.6 million overnight stays, or 81% more on the year.

Domestic guests generated 275,200 arrivals and 854,300 overnight stays, the numbers increasing by 76.2% and 87% respectively y-o-y.

In the first six months of 2021, there were 771,700 domestic guests in commercial accommodation facilities or 77.3% more than in H1 2020. They generated nearly two million overnights, up 82.2% on the year.

In the same period, foreign tourists made 1.5 million arrivals, up 50%, and 7.5 million overnights, up 82.3%.

Most foreign tourists were from Germany, Slovenia, Austria, Poland and the Czech Republic.

For more news,CLICK HERE.

ZAGREB, 30 July 2021 - Croatia's stockpiles of finished industrial goods in June 2021 were 6.9% lower than in the previous month and 1.6% lower than in June 2020, according to data from the National Bureau of Statistics (DZS).

Broken down by main industrial groupings, compared with May 2021, energy stockpiles fell the most, by 17.8%. Stockpiles of capital goods decreased by 12.7%, non-durable consumer goods by 6.2%, intermediate goods by 4.7% and durable consumer goods by 0.1%.

Compared with June 2020, energy stockpiles increased by 10.1% and stockpiles of non-durable consumer goods by 8.3%, while stockpiles of capital goods fell by 19.9%, intermediate goods by 12.3% and durable consumer goods by 12.2%.

For more on business, CLICK HERE.

ZAGREB, 9 July 2021 - Croatia's commodity exports totalled HRK 53.2 billion in the first five months of 2021, up by 25.5% on the year, while import increased by 17.5%, to HRK 81.4 billion, the State Bureau of Statistics (DZS) reported on Friday.

The foreign trade deficit increased by HRK 1.3 billion to HRK 28.2 billion. Coverage of imports by exports reached 65.4%.

Exports to EU countries amounted to HRK 36.1 billion or 23.9% more year-on-year. At the same time imports from EU countries increased by 15.3% to HRK 63.5 billion.

Exports to non-EU countries increased by 29.2% to HRK 17.1 billion while imports from those countries increased by 26% to HRK 17.9 billion.

Expressed in euro, exports totalled slightly over €7 billion, an increase of 24.4% on the year, while imports rose by 16.4% to €10.76 billion. The trade deficit was €3.7 billion.

Exports to EU countries increased by 22.8% to €4.8 billion, while imports rose by 14.3% to €8.4 billion. Exports to non-EU countries went up by 27.9% to €2.3 billion, while imports from those countries grew by 24.8% to €2.4 billion.

For more on business, CLICK HERE.

ZAGREB, 9 July 2021- The number of industrial workers in Croatia in May 2021 was 0.1% lower than in April 2021 and 0.4% lower than in May 2020, according to the data provided by the National Bureau of Statistics (DZS).

Month on month, the largest decreases were recorded in the manufacture of machinery and equipment (-1.7%) and manufacture of tobacco products (-1.7%), while the largest increase was observed in the manufacture of beverages (+2.8%).

Year on year, the largest decreases were recorded in mining support services (-28.6%), the manufacture of refined petroleum products (-23.3%), the manufacture of other means of transport (-13.5%) and the manufacture of textiles (-11.3%).

Year on year, the largest increases in the number of workers were observed in the manufacture of motor vehicles, trailers and semi-trailers (+10.7%), computer, electronic and optical products (+8.5%), manufacture of metals (+6.2%), extraction of crude petroleum and natural gas (5.6%), manufacture of electrical equipment, (+4.3%) other manufacturing (+4.3%), and basic pharmaceutical products and pharmaceutical preparations (+4.2%).

In the first five months of this year, compared with the same period of last year, the total number of industrial workers declined by 1.4%, while labour productivity increased by 10.5%.

In May 2021, industrial production rose by 15.8% year on year for the sixth month in a row, indicating further recovery of production and the entire economy from the coronavirus crisis.

In the first five months of 2021, compared with the same period in 2020, industrial production increased by 9.9% after a fall of 3.4% last year due to the coronavirus outbreak.

For more on business, CLICK HERE.