Effects of the COVID-19 pandemic on socioeconomic indicators

INDUSTRY

INDUSTRIAL PRODUCTION, APRIL 2020

The COVID-19 pandemic has led to the introduction of numerous measures to prevent the spread of the disease, which has, among other things, resulted in the closure of state borders, as well as in the complete or partial closure of companies. All of this directly affected the industrial production in the Republic of Croatia.

The working-day adjusted industrial production in the Republic of Croatia in April 2020, compared to April 2019, decreased by 11.0%, while compared to March 2020, the seasonally and working-day adjusted industrial production decreased by 5.6% at the monthly level.

According to the Main Industrial Groupings (MIGs 2009), the largest decrease, of almost 60%, was recorded in Durable consumer goods (CD), mostly in the manufacture of furniture (-59.4%). However, the decrease was also recorded in other MIGs 2009 aggregates.

Observing the NKD 2007. sections, of a total of 28 sections included in the calculation of the industrial production volume index, 22 recorded a decrease in industrial production at the annual level. A significant increase caused by the COVID-19 pandemic was recorded only in the manufacture of chemicals and chemical products (21.9%), due to the manufacture of disinfectants, and in the manufacture of basic pharmaceutical products and pharmaceutical preparations (32.1%).

The calculation of the MIGs 2009. aggregates for the industrial production volume index was done by grouping of the NKD 2007. activities at the level of groups or divisions within sections B, C and D (05.1 – 35.2) as follows, using alphabetic marks of abbreviations:

Al Intermediate goods: the NKD 2007. divisions and groups: 07 – 09, 10.6, 10.9, 13.1 – 13.3, 16, 17, 20.1 – 20.3, 20.5, 20.6, 22 – 24, 25.5 – 25.7, 25.9, 26.1, 26.8, 27.1 – 27.4 and 27.9
AE Energy: the NKD 2007. divisions: 05, 06, 19 and 35 (excluding 35.3)
BB Capital goods: the NKD 2007. divisions and groups: 25.1 – 25.4, 26.2, 26.3, 26.5, 26.6, 28, 29, 30.1 – 30.4, 32.5 and 33
CD Consumer durables: the NKD 2007. divisions and groups: 26.4, 26.7, 27.5, 30.9, 31, 32.1 and 32.2
CN Consumer non-durables: the NKD 2007. divisions and groups: 10.1 – 10.5, 10.7, 10.8, 11, 12, 13.9, 14, 15, 18, 20.4, 21, 32.3, 32.4 and 32.9.

Additional information:

INDUSTRIAL PRODUCTION VOLUME INDEX AND INDICES OF STOCKS, PERSONS EMPLOYED AND LABOUR PRODUCTIVITY IN INDUSTRY, APRIL 2020
Statistics in line - Basic Indicators
PC-Axis Databases- Industry
STS Database - Industrial production volume index