Croatia Industrial production June 2022

Industrial production increased by 3.8% year on year in terms of the number of working days in June (May: +3.0% year on year).

On a monthly basis, factory production rose a seasonally adjusted 1.2% in June, following a 0.4% rise in May. Meanwhile, the trend was downward, with CAGR of 3.5% in June compared to 3.7% in May.

FocusEconomics Consensus Forecast experts forecast industrial production growth of 4.2% in 2022, which is unchanged from last month’s forecast. For 2023, the panel predicts industrial production growth of 3.8%.