Bosnias industrial production declined by an annual 7% in the first five months of the year, the country's statistics office said in a statement. In May alone, the countrys industrial output was 1.1% lower on the year (down 5.8% y/y in April) but rose by 9.9% on the month (down 3.9% m/m in April). Mining production fell only 2.2% y/y in May after declining 11.7% in April. The manufacturing output remained unchanged on the year in May after shrinking 8% in April. The utilities production, however, recorded a 4.8% drop in May after rising 7.1% a month earlier.
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