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
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