Croatia Industrial Employment Falls 4.9% YoY, Manufacturing Flat MoM

Croatian industrial employment declined 4.9% year-on-year, though manufacturing, which constitutes 92% of industrial jobs, rose 0.1% month-on-month in September. The annual drop signals persistent labor market weakness in the industrial sector, while the monthly uptick offers a tentative sign of stabilization. This data point is a minor indicator for the Croatian economy, with limited direct market impact.

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