Croatia’s industrial production expanded at the slowest pace in five months in November, figures from the Croatian Bureau of Statistics showed Tuesday.

Industrial production rose a working-day-adjusted 2.7 percent year-over-year in November, much slower than the 6.4 percent climb in October.

The latest rate of increase was the weakest since June this year, when it grew only 1.5 percent.

Production in the manufacturing sector advanced 4.8 percent annually in November and that for mining and quarrying grew by 4.2 percent.

On a monthly basis, industrial production fell 0.8 percent in November, reversing a 1.0 percent rise in the preceding month. It was the first decrease in three months.

The material has been provided by InstaForex Company – www.instaforex.com