BELGRADE (Serbia), December 5 (SeeNews) – Serbian companies operating in the non-financial sector recorded a 4.5% annual increase in total revenue in the third quarter of 2017, after recording 8.1% year-on-year growth in the second quarter.
Quarter-on-quarter, the revenues of Serbian non-financial companies rose by 0.4% in the third quarter after increasing by 9.1% in April-June, the data indicated.
Changes in Serbia's non-financial companies revenue, breakdown by industry (in percent):
| |
Q3'17 y/y |
Q3'17 q/q |
Q2'17 y/y |
Q2'17 m/m |
| Total |
4.5 |
0.4 |
8.1 |
9.1 |
| Agriculture, forestry and fishing |
-9.4 |
29.0 |
0.8 |
7.7 |
| Industry and construction |
5.9 |
-1.6 |
6.8 |
10.2 |
| Services |
4.3 |
0.5 |
9.6 |
8.3 |
source: Serbia's statistical office