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Serbia's industrial output grows 3% y/y in Oct

Nov 30, 2023, 1:52:23 PMArticle by Djordje Jajcanin
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November 30 (SeeNews) - Serbia's industrial production increased by 3% year-on-year in October, after expanding by an annual 3% in September, the country’s statistical office said on Thursday.

Serbia's industrial output grows 3% y/y in Oct
Image source: Pixabay

Seasonally adjusted data for October compared to September shows a 0.3% increase in industrial production, with a 0.1% increase in manufacturing, the statistical office said in a data release.

Industrial production in Serbia, breakdown by sector (y/y pct change):

Oct '23 Sept '23
Total 3.0 3.0
Mining 1.7 1.1
Manufacturing 3.3 3.0
Utilities 1.8 3.9

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