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Bosnia's Serb Republic industrial output up 11.4% y/y in March

Bosnia's Serb Republic industrial output up 11.4% y/y in March Source: Pixabay

SARAJEVO (Bosnia and Herzegovina), April 23 (SeeNews) - Bosnia's Serb Republic industrial output grew by 11.4% year-on-year in March after adding 18.2% in February, the entity's statistical office said on Friday.

On a monthly comparison basis, industrial production fell by 2.5% in March, after increasing by 5.4% a month earlier, the Institute of Statistics of the Serb Republic said in a monthly report, citing working day-adjusted figures.

The entity's working day-adjusted industrial output decreased by 6.7% in 2020.

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):

March y/y Feb y/y March m/m Feb m/m
Total 11.4 18.2 -2.5 5.4
Mining -2.1 6.6 -1.4 7.5
Manufacturing 24.4 5.9 6.6 2.6
Utilities -1.7 45.3 -17.0 5.4

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