August 31 (SeeNews) - Serbia's industrial production increased by 0.7% year-on-year in July, reversing a 2.2% annual decline the month before, statistics office data showed on Wednesday.
On a seasonally adjusted monthly comparison basis, factory output increased 1.4% in July, following a 0.9% contraction in June, the office said in a statement on its website.
In January-July, industrial output rose 5.4% on the year.
Serbia's industrial output, breakdown by industry (y/y pct change):
|
July |
June |
Manufacturing |
5.2 |
3.7 |
Mining |
3.7 |
-17.3 |
Utilities |
-16.4 |
-20.3 |
Total |
0.7 |
-2.2 |