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Bosnia's Serb Republic industrial output down 6.3% y/y in Apr

Jun 21, 2024, 12:26:15 PMArticle by Dragana Petrushevska
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June 21 (SeeNews) - The industrial output of Bosnia's Serb Republic dropped 6.3% on the year in April, after falling by 11.1% in March, the entity's statistical office said on Friday.

Bosnia's Serb Republic industrial output down 6.3% y/y in Apr
Workers at the Moses Lake polysilicon plant in Washington. Source: REC Silicon ASA.

On a monthly comparison basis, industrial production edged down 0.1% in April, following a decrease of 2.5% in March, the statistical institute said.

The industrial production of the entity fell by 3.2% last year, after it rose by 2.1% in 2022, the same office has said earlier.

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

Bosnia's Serb Republic industrial output, breakdown by sector (percentage change):

April y/y March y/y (revised) April m/m March m/m (revised)
Total -6.3 -11.1 -0.1 -2.5
Mining -20.4 -7.3 -4.2 -5.2
Manufacturing -3.8 -2.8 -3.7 -0.4
Utilities -27.9 -20.7 -9.9 -12.1

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