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Serbia Nov industrial output drops 8.7% y/y

Dec 30, 2014, 1:07:36 PMArticle by Djordje Daskalovic
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BELGRADE (Serbia), December 30 (SeeNews) – Serbia’s industrial output fell 8.7% on the year in November after declining 11.2% a month earlier, the country’s statistics office said on Tuesday.

Serbia Nov industrial output drops 8.7% y/y
bibiphoto/Shutterstock.com

Compared to the 2013 average, Serbia's October industrial output decreased by 2.0%, the statistics office said in a statement.

Industrial production shrank by 6.5% in the January-November period compared with the same period last year.

In 2013, Serbia's industrial output rose 5.5%.

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