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Serbia: Industrial Data on the Rise
In Serbia, the economic activity and foreign trade grows again, the Statistical Office says.
Serbia: Industrial Data on the Rise / Picture: © Vindobona.org
The data for October 2012 indicate that industrial production grew 3.2% m-o-m seasonally-adjusted and 1.6% y-o-y. Sector-wise, manufacturing expanded by 4.1% y-o-y, while mining and electricity, gas and steam supply shrunk by 6.9% and 5.2% y-o-y, respectively.
According to seasonally-adjusted data, manufacturing recorded an increase of 3.7% in October. Within manufacturing, the…
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