Serbia's industrial output up 1.8% in 2011.

By bne IntelliNews January 4, 2012
Serbia's industrial output rose 1.8% last year after increasing 2.9% in 2010, preliminary data of the statistics office showed. The 2011 growth was mostly influenced by the section of electricity, gas, steam and air conditioning supply and mining and quarrying, the office said in a statement. The agricultural production is estimated to have increased by 0.8% last year. The industrial output rose 2.1% on the year in the first eleven months of 2011 after expanding 2% in January-October. In November alone, the industrial output grew 1% on the year after dropping an annual 1% in October. November manufacturing industry output fell 4.7% on the year following a 3.7% yearly drop a month earlier. The production in the mining sector rose 15.5% year-on year in November after jumping an annual 10.6% in October. Electricity, gas, steam and air conditioning supply soared 30.5% on the year in November after expanding 6.5% in the previous month. Total industrial output in November was 9.7% above 2010's average. It was 9% over 2010's average in October.
Serbia Industrial Output (in % change) Nov 2011 y/y Jan-Nov 2011 y/y
Total output 2.2 2.1
Mining and quarrying 15.5 9.6
Manufacturing industry -4.7 -0.3
Electricity, gas, steam and air conditioning supply 30.5 9.3
Energy 23.9 5.5
Intermediate products, excluding energy 0.1 3.8
Capital goods -5.2 4
Durable goods -25 -16.9
Non-durable goods -7 -1.2
Source: Statistics Office

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335