Effects of the COVID-19 pandemic on socioeconomic indicators

INDUSTRY

INDUSTRIAL PRODUCTION, AUGUST 2021

Thanks to the favourable epidemic situation connected with the COVID-19 pandemic, a positive trend of the industrial production of the Republic of Croatia continued in August as well. The working-day adjusted industrial production in the Republic of Croatia in August 2021 increased by 5.2% compared to August 2020. Compared to July 2021, the total seasonally and working-day adjusted industrial production increased by 0.7%.

Observing the annual growth rates according to the Main Industrial Groupings (MIGs 2009), industrial production increased in four out of five aggregates. The largest increase was recorded in Intermediate goods (AI), of 9.8%, particularly in divisions 13 Manufacture of textiles, which increased by 29.3%, and 17 Manufacture of paper and paper products, which increased by 21.3%. These were followed by an increase in Capital goods (BB), of 6.6%, in Non-durable consumer goods (CN), of 3.5%, and in Energy (AE), of 1.5%. Industrial production decreased in Durable consumer goods (CD) by 4.1%.

Observing the NKD 2007. divisions, out of a total of 28 divisions included in the calculation of the industrial production volume index, 19 divisions recorded an increase. The largest increase was recorded in division 26 Manufacture of computer, electronic and optical products, of 30.1%, while the largest decrease was recorded in division 29 Manufacture of motor vehicles, trailers and semi-trailers, of 33.0%.

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 divisions 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, AUGUST 2021
Statistics in line - Basic Indicators
PC-Axis Databases- Industry
STS Database - Industrial production volume index