Serbia: Industrial output growth dips in July
August 31, 2020
Industrial production increased 0.4% year-on-year in July (June: +2.6% yoy). The reading was driven by a drop in manufacturing production. Meanwhile, mining and quarrying production gained steam.
On a seasonally-adjusted monthly basis, industrial production rose at a more moderate pace of 3.6% in July (June: +7.2% mom).