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Bosnia's Federation industrial sales down 0.8% in May

Jul 2, 2024, 12:20:59 PMArticle by Dragana Petrushevska
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July 2 (SeeNews) - The industrial sales of Bosnia's Federation fell 0.8% on the year in May, following an increase of 0.8% in April, the federal statistical office said on Tuesday.

Bosnia's Federation industrial sales down 0.8% in May
Tvornica Cementa Kakanj. Source: Tvornica Cementa Kakanj

Industrial sales on the non-domestic market declined 5.7% year-on-year in May, while sales on the domestic market rose 5.9%, according to a monthly report released by the Federation's statistical office.

In May, sales of non-durable consumer goods increased by 9.7% on an annual comparison basis, while sales of intermediate goods went up 0.2% and sales of capital goods fell 14.8%. Energy sales decreased by 2% and sales of durable consumer goods fell 12.6%.

On a monthly comparison basis, the Federation's industrial sales went up 2.5% in May, following a revised 1.1% drop in April.

The industrial sales of Bosnia's Federation fell by 10.8% on the year in 2023, the same office has said earlier.

The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The Serb Republic is the other entity.

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