Serbian town in the winter

Serbia Industry July 2020

Serbia: Industrial output growth dips in July

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).

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