Industrial production: Growth in 19 economic branches

Industrial production in Serbia increased in 2017 by 0.5 percent annually, while compared to the average in 2016, it went up by 6.9 percent.

The production of chemicals and chemical products, electrical equipment, machinery and equipment, and metal products had the largest impact on the growth of industrial production in December 2017 compared to the same month of 2016.  

In 2017, industrial production grew by 3.5 percent compared to 2016, with the processing industry went up by 6.4 percent.

In December 2017, the mining industry recorded an increase of 3.3 percent in the year, manufacturing industry grew by 0.4 percent, while the electricity, gas, steam and air conditioning sector registered a decline of 0.1 percent.

Also in December 2017, annual production of intermediate products (except energy) increased by 7.2 percent, durable consumer goods by 1.6 percent and energy by 0.6 percent.

The decline was registered in the production of capital goods for wide consumption (10.4 percent) and non-durable consumer goods (2.6 percent).

The annual volume of industrial production in December 2017, recorded growth in 19 economic branches and a decline in 10 branches.

(B92, 31.01.2018)

This post is also available in: Italiano

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