Compared to April, seasonally adjusted data for May shows a 2.7% increase in industrial production, with a 2.1% rise in manufacturing, the statistics office said in a data release.
In January-May, industrial output was up 2.0% compared to a year earlier.
Industrial production in Serbia, breakdown by sector (y/y pct change):
May'24 | April'24 | Jan-May'24 | |
Total | -1.1 | 2.9 | 2.0 |
- mining | 28.9 | 5.3 | 9.9 |
- manufacturing | -2.0 | 6.6 | 2.7 |
- utilities | -9.1 | -15 | -4.3 |