Serbian town in the winter

Serbia Industry July 2022

Serbia: Industrial output contracts in July

Industrial production contracted 1.6% year on year in July, swinging from the 3.7% expansion recorded in June and suggesting that the economy got off on the wrong foot at the start of the third quarter. The headline reading was driven by contractions in manufacturing and electricity, gas, steam and air condition supply production. This more than offset a strong increase in mining and quarrying output. Meanwhile, annual average industrial production growth moderated to 2.5% in July from 2.8% in June.

Lastly, industrial output contracted 2.2% on a monthly basis in July, down from June’s 0.3% contraction.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest