April 30 (SeeNews) - Serbia's industrial production decreased by 5.8% year-on-year in March, after expanding by an annual 8.4% in February, the country’s statistical office said on Tuesday.
Compared to February, seasonally adjusted data for March shows a 4.4% decrease in industrial production, with a 3.7% fall in manufacturing, the statistical office said in a data release.
Industrial production in Serbia, breakdown by sector (y/y pct change):
|
March '24 |
Feb '24 |
Total |
-5.8 |
8.4 |
- mining |
6.1 |
14.9 |
- manufacturing |
-6.6 |
10.8 |
- utilities |
-8.0 |
-2.9 |