In August, Serbia’s industrial output was 14.8% lower than last year’s average, the office said in a statement on its website. In July, industrial production was 13.3% lower than the 2008 average.
Industrial output contracted 16.2% in the first eight months of 2009, compared to the same period in 2008.
Serbia's industrial output (pct change):
Aug'09 vs Aug'08 | July'09 vs July'08 | |
TOTAL |
-10 | -15.4 |
Mining | +9.6 | -2.6 |
Processing Industry | -5.0 | -20.2 |
Utilities | +4.7 | +1.9 |