Industrial Production Decreased in Zagreb

Industrial production in Zagreb decreased by 3.6 percent in November 2008 compared to the previous month, while on an annual basis, compared to November 2007, the decline amounted to 6.6 percent, according to data from the Department of Statistics of the City Office for Strategic Planning and Development of the City.

In the first eleven months of last year compared to the same period of the previous year, Zagreb’s industrial production recorded a slight decline of 0.3 percent. The manufacturing industry, which accounts for 82.4 percent of total industrial production in Zagreb, recorded a production decrease of 7 percent in November compared to October, and on an annual basis, a decrease of 5.5 percent. Cumulatively, in the first eleven months of 2008 compared to the same time the year before, production in the manufacturing industry in Zagreb is down by 0.5 percent.

In the production of food and beverages, which has the largest share of 24.73 percent in Zagreb’s industrial activity, a monthly production decline of 5.6 percent was recorded in November compared to October, and on an annual basis, a decline of 7.8 percent compared to November 2007. In the supply of electricity, gas, steam, and hot water, which accounts for 16.25 percent of Zagreb’s industry, a significant monthly increase of 14.5 percent is recorded, but on an annual basis, production in this sector decreased by 13 percent.

Compared to November 2007, the largest decrease in production is recorded in metal production (by 48.3 percent), while the largest increase is in the production of motor vehicles, trailers, and semi-trailers (290 percent) as well as office machinery and computers (135.9 percent), and in the wood (58.3 percent) and leather industries (41.5 percent). In the first eleven months of last year, compared to the same period in 2007, industrial production increased the most in wood processing (162.9 percent) and in the production of office machinery and computers (132.8 percent), while the largest decrease is recorded in furniture production (by 27 percent).  (H)