Industry in Serbia
Serbia - Industry
Industrial production tumbles to an over-four year low in December
According to data released by the Statistical Office of the Republic of Serbia, industrial production plunged 6.3% over the same month of the prior year in December, following the 1.0% dip recorded in November. The decline marked the poorest result since November 2014 and came on the back of broad-based losses in the month. The mining and quarrying, and electricity gas, steam and air conditioning sectors posted sharper contractions in December, while manufacturing output also fell notably following flat growth in November.
On a month-on-month basis, industrial production fell a seasonally-adjusted 4.4% in December, down from November’s upwardly revised flat print (previously reported: -1.3% month-on-month). Meanwhile, annual average growth in industrial production slid to 1.5% in December, from 2.3% in November.
Serbia Industrial Production Forecast
FocusEconomics Consensus Forecast panelists expect industrial production to expand 4.8% in 2019, which is unchanged from last month’s forecast and 4.8% again in 2020.
Serbia - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 5.6 | -6.1 | 8.4 | 4.8 | 3.5 |
Serbia Industry Chart
Serbia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.80 | 0.0 % | Feb 20 |
| Exchange Rate | 104.2 | -0.31 % | Feb 20 |
| Stock Market | 1,497 | -0.44 % | Feb 20 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
Serbia: National Bank of Serbia maintains policy in February
February 7, 2019
At its 7 February monetary policy meeting, the Executive Board of the National Bank of Serbia (NBS) voted to keep the key policy rate steady at 3.00%, where it has been since April 2018. The Bank’s decision to stand pat was primarily guided by sustained price stability.
Serbia: Industrial production tumbles to an over-four year low in December
January 31, 2019
According to data released by the Statistical Office of the Republic of Serbia, industrial production plunged 6.3% over the same month of the prior year in December, following the 1.0% dip recorded in November.
Serbia: Growth slows at the end of 2018
January 31, 2019
According to a flash estimate released by the Statistical Office of the Republic of Serbia on 31 January, economic growth softened in the final quarter of the year, rounding out an overall weaker H2 compared to the robust growth seen in H1.
Serbia: Inflation remains subdued in December
January 11, 2019
According to the Statistical Office of the Republic of Serbia, consumer prices rose 0.1% over the previous month in December, following the 0.3% decrease logged in November.
Serbia: National Bank of Serbia holds rates in January
January 10, 2019
On 10 January, the Executive Board of the National Bank of Serbia (NBS) voted to keep the key policy rate steady at 3.00%, where it has been since April 2018. Low and stable inflation again led the Bank to keep the rate unchanged at its latest monetary policy meeting.
© Copyright: 2019 | Serbia Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
