Wednesday, 30 March 2022

Croatia's Industrial Sales in January 2022 up 15.7% Year-on-year

ZAGREB, 30 March 2022 - Croatia's industrial sales in January 2022 increased by 15.7% compared with January 2021 and by 5.5% when compared with December 2021, according to data from the Croatian Bureau of Statistics (DZS).

Compared with January 2021, industrial sales increased by 11.6% on the domestic market, and 24.5% on the foreign market.

Broken down by main industrial groupings, sales of energy rose by 51.2%, sales of intermediate goods by 21.2%, sales of capital goods by 14.1%, sales of non-durable consumer goods by 11.5%, and sales of durable consumer goods by 7.0%.

Industrial sales had been on the rise throughout 2021, with the exception of February when they declined by 7.7% year on year. The lowest increase of 1.7% was recorded in January, while two-digit increases have been observed since March. The largest increase of 40.6% was reported in April.   

Compared with December 2021, industrial sales rose by 5.5%, going up by 1.7% on the domestic market and 2.2% on the foreign market.

Month on month, sales of energy increased by 67.8%, sales of non-durable consumer goods by 6.6% and sales of capital goods by 1.9%, while sales of durable consumer goods fell by 15.3% and sales of intermediate goods by 9.5%.

For more, make sure to check out our business section.

Wednesday, 2 February 2022

Croatia's Stockpiles of Industrial Goods Up Month-on-Month, Down Year-on-Year

ZAGREB, 2 Feb 2022 - The stockpiles of finished industrial goods at the end of December 2021 rose by 0.3% compared to figures from the previous month, but declined by 10.2% compared to December 2020, according to data released by the Croatian National Bureau of Statistics (DZS).

Broken down by main industrial groups, compared with November 2021, stockpiles of capital goods increased 3.8%, durable consumer goods by 3.7%, non-durable consumer goods by 3%, and energy stockpiles went up 2.7%.

On the other hand, stockpiles of intermediate goods decreased by 4.1%.

Contraction year-on-year

The stockpiles of capital goods declined 48.6% compared to December 2020, while the stockpiles of durable consumer goods went down by 15.9% and the stockpiles of both intermediate goods and energy fell by 14.1% each.

Stockpiles of non-durable consumer goods dipped 1.3%.

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Monday, 10 January 2022

Number of Workers in Industrial Sector Stable in November

ZAGREB, 10 Jan 2022 - The number of workers in the industrial sector in November 2021 grew by 0.1% compared to October while in comparison to November 2020 it was down by 0.3%, show data from the national statistical office (DZS).

According to the monthly statistics, the drop in the number of workers was largest in the manufacture of other transport equipment, 3.4%, followed by the manufacture of leather and related products, 1.1%. The largest increase in the number of workers was reported for the manufacture of tobacco products, 32.8%, and the manufacture of machinery and equipment, 2.8%.

Year on year, the number of production workers dropped the most in the manufacture of other transport equipment, 15.3%, and it went up the most in other manufacturing industries, by 7.8%.

Data for the first 11 months of 2021 show that the total number of industrial workers was 0.7% down from the same period of 2020, while labor productivity rose by 6.9%.

Industrial production in November 2021 grew for the 12th consecutive month, by 3.7%, which indicates the continuation of recovery of production and the entire economy from the coronavirus crisis.

For more, check out our dedicated business section.

Saturday, 4 December 2021

Croatia’s Industrial Stockpiles Down Year-on-Year, up Month-on-Month

ZAGREB, 4 Dec, 2021 - Croatia's stockpiles of finished industrial goods in October 2021 were 1.6% higher than in the previous month and 10% lower than in October 2020, according to data from the National Bureau of Statistics (DZS).

Broken down by main industrial groupings, compared with  September 2021, energy stockpiles increased 5.7%, and stockpiles of non-durable consumer goods went up 3.7%

At the same time, stockpiles of capital goods contracted 12.7% month on month, and of durable consumer goods by 2.8%, whereas stockpiles of intermediate goods decreased 0.2% month on month.

Shrinking stockpiles year-on-year

Year-on-year, industrial stockpiles of capital goods in October shrank by 31% and of intermediate products by 16.2%, while energy stockpiles contracted by 14.9%. The durable consumer goods' stockpiles went down 9.9% and non-durable consumer goods by 0.9%. 

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