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Serbian Industrial Sector Expands
Politics ♦
Published: November 28, 2012; 15:01 ♦ (Vindobona)
Surprising summer industry growth, local demand might hold more growth. Real wages grow slightly, Raiffeisen Research states.
Serbian Industrial Sector Expands / Picture: © Vindobona.org
After three consecutive falls, negative industry sentiment moved to positive territory in August (+1.5% mom) as per seasonally adjusted mom data (July: 11.1% mom). The key industry – manufacturing – reduced the falling beat (1 0.5% yoy) after falling by 6.2% yoy in the month before.
Further, improving manufacturing sentiment was delivered by the seasonally adjusted mom data…
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