The August industrial output was 4.6% lower than last year's average, the office said in a statement posted on its website. In July, output was 3.7% higher than the 2007 average.
In the first eight months of 2008, industrial production grew by 3.1% on the year.
SERBIA'S INDUSTRIAL OUTPUT (percentage change):
Aug'08 vs Aug'07 | Aug'08 vs 2007 Avg | Jan-Aug'08 y/y | |
Total | -4.4 | -4.6 | +3.1 |
Mining | +2.1 | +2.2 | +3.6 |
Processing industry | -6.2 | -4.2 | +2.9 |
Utilities | +2.0 | -8.5 | +4.3 |