Croatia's industrial output among highest in EU in October

Croatia, Ireland, the Czech Republic and Lithuania registered the biggest increases in October's industrial production year-on-year among the 28 European Union member states, the EU's statistical office, Eurostat, stated on Monday.

"Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+14.6%), Lithuania (+6.5%), the Czech Republic and Croatia (both +6.4%), and the largest decreases in the Netherlands (-2.6%), Estonia (-2.1%) and Greece (-1.9%)," the office said.
 
When it comes to the annual comparison by main industrial grouping and by Member State, the increase of 1.9% in industrial production in the euro area in October 2015, compared with October 2014, is due to production of durable consumer goods rising by 4.2%, capital goods by 3.5%, intermediate goods by 1.5%, non-durable consumer goods by 0.7% and energy by 0.2%. In the EU28, the increase of 2.4% is due to production of capital goods rising by 4.0%, durable consumer goods by 3.3%, intermediate goods by 1.6%, energy by 1.2% and non-durable consumer goods by 1.0%, according to Eurostat.
 
The statement reads that when it comes to monthly comparison by main industrial grouping and by Member State, "the increase of 0.6% in industrial production in the euro area in October 2015, compared with September 2015, is due to production of durable consumer goods rising by 1.8%, capital goods by 1.4%, energy by 0.6% and non-durable consumer goods by 0.4%, while production of intermediate goods fell by 0.1%."
 
"In the EU28, the increase of 0.5% is due to production of durable consumer goods rising by 1.2%, capital goods by 1.0%, energy by 0.8%, non-durable consumer goods by 0.2% and intermediate goods by 0.1%."
 
In Croatia, industrial output in October rose by 0.9% from September, which was a considerably lower rate than the 5.6% rate in September.

(Text: Hina)


News