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Serbia's industrial output grows 8.4% y/y in Feb

Mar 29, 2024, 1:26:35 PMArticle by Djordje Jajcanin
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March 29 (SeeNews) - Serbia's industrial production increased by 8.4% year-on-year in February, after expanding by an annual 6.9% in January, the country’s statistical office said on Friday.

Serbia's industrial output grows 8.4% y/y in Feb
Image source: Pixabay

Compared to January, seasonally adjusted data for February shows a 0.8% increase in industrial production, with a 1.1% rise in manufacturing, the statistical office said in a data release.

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

Feb '24 Jan '24
Total 8.4 6.9
- mining 14.9 -1.1
- manufacturing 10.8 6.7
- utilities -2.9 11.7

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