Industrial Production Drops 1.6% in July 2022

Industrial production for the period January - July 2022, compared to the same period last year was by 2.7% higher.

However, according to the data of the Statistical Office of the Republic of Serbia, industrial production in the Republic of Serbia, in July 2022 was lower by 1.6% compared to the same month in 2021 and was lower by 2.2%, compared to 2021 average.

Seasonally adjusted index in July 2022 compared to June 2022 shows a decrease of the total industry by 2.2% and decrease of the Manufacturing section by 3.8%.

Observed by sections, in July 2022, compared to July 2021, industrial production in the Mining and quarrying section increased by 22.5%, industrial production in Manufacturing section was decreased by 3.4%, while the production in the Electricity, gas, steam and air conditioning supply section was decreased by 5.6%.

Republički zavod za statistiku

Statistical Office of the Republic of Serbia

industrial production

manufacturing industry