BELGRADE (Serbia), November 30 (SeeNews) – Serbia’s October industrial output dropped 5.8% on the year after falling by an annual 6.3% in September, the country’s statistics office said on Monday.
In October, Serbia’s industrial output was 1.5% higher than last year’s average, the office said in a statement on its website. In September, industrial production was 4.4% lower than the 2008 average.
Industrial output contracted by 14% in the first ten months of 2009.
Serbia's industrial output (year-on-year pct change):
|
Oct'09 |
Sept'09 |
TOTAL |
-5.8 |
-6.3 |
Mining |
-6.1 |
-6.5 |
Processing Industry |
-7.6 |
-8.6 |
Utilities |
+1.9 |
+5.1 |