FURNITURE DEFIES STATISTICS: Record growth of production in June (+10,6%)

Despite of decline in Croatian industrial production of -5,6% in June this year compared to a year before, the production of furniture (C 31) continues to grow since February (+9,6%). The recorded growth in April was +5,3% and +7,4% in May. Record indicators of +10,6 growth in industrial production of furniture were accomplished in June when the production grew +2,6% in comparison to May, while cumulatively in the first six months this industrial sector grew +5%.

Slightly weaker indicators were accomplished in wood processing (C 16) which continuously accomplishes double-digit growth since 2012, while the furniture stagnated, or slightly grew for the last two years. In the first six months of 2019, wood processing  reduced production by – 0,3%, while  the -6% decline was registered in June when compared to the year before. That decline came after excellent results of wood processors in February (+8,3%) and March (+8,7%) and relatively successful fairs which took place in Germany in January.

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