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Analysis of manufacturing activity and business expectations in December 2023

Manufacturing Activity: The average utilization of production capacity in December increased to 77.3%, up by 1.4 percentage points compared to November. However, it was 1.1...

Dynamics of industrial production

In November, industrial production showed a statistical improvement compared to the previous month, with a year-on-year growth rate of 3.6%. Over the cumulative period...

Challenges loom as Serbia grapples with declining milk production

Milk, a staple food product in Serbia, is facing increasing scarcity, with a notable 20 percent decline in production during the fourth quarter of...

Serbian industrial sector shows robust growth, Led by processing industry

The National Bank of Serbia (NBS), citing data from the Republic Institute of Statistics, has announced a notable increase in industrial production. The primary...

Serbian industrial production surges, service sectors and foreign trade trends on the rise

In February of this year, the National Bank of Serbia (NBS) reported a notable 8.4 percent year-on-year growth in industrial production, citing data from...

Serbia’s industrial production skyrockets amidst Eurozone downturn

While industrial production in the Eurozone and the European Union experienced significant declines in January, Serbia saw a remarkable surge of 6.9 percent, marking...

Serbia’s industrial output hits 30-year high, driven by processing sector

In January 2024, Serbia witnessed a significant surge in industrial production, recording a remarkable 6.9% increase compared to the same month the previous year....

Serbia records highest industrial growth in three decades: January 2024 surges by 6.9%

In January 2024, Serbia experienced its highest industrial production growth in the last three decades, with a notable surge of 6.9%, as reported in...
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