Serbian Industrial Production Shrinks

BusinessEconomy ♦ Published: February 1, 2013; 11:28 ♦ (Vindobona)

The industrial production in the Republic of Serbia in December 2012, when compared to December 2011, increased by 0.7% and in relation to 2011 average, it increased by 7.1%.

Serbian Industrial Production Shrinks / Picture: © Vindobona.org

In the period January- December 2012, relative to the same period 2011, industrial production decreased by 2.9%.

Observed as divided by sections, in December 2012 compared to the same month 2011, the trends were noted as follows:

  • · the section of manufacturing– growth of 1.8%,
  • · the section of electricity, gas, steam and…