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Croatia’s Industrial Output Among Worst in EU

Croatia WeekIndustrial production output in Croatia dropped 3.3% this September compared to the same month in 2012, one of the worst declines in the European Union, reported the EU’s statistical office Eurostat…

Overall, industrial production output increased by 1.1% in the EU in September 2013, with the largest year-on-year increases in industrial production output registered in Ireland (11.7%), Romania (8.9%), and Slovakia (7.5%). Croatia found itself at the wrong end of the report, making up the largest year-on-year- reductions (3.9%) with Luxembourg (4%) and Italy (3%).

When it came to month-on-month statistics Croatia feared no better, again at the bottom (3.3%), with Portugal (11.2%) and Luxembourg (4.1%). Industrial production output rose in 16 countries and reduced in nine in September 2013 compared to the same month in 2012..

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