Bosnia Industrial Activity Shrinks in February

Manufacturing

Industrial production in Bosnia and Herzegovina shrank by 3% year-on-year in February, following an upwardly revised 0.1% growth in January, data released form the Sarajevo-based Agency for Statistics (BHAS) showed on Monday.

Output dropped for intermediate goods (-5.1% vs 3.3% in the previous month), energy production (-4.9% vs -9.7%), durables (-0.4% vs 1.5%), and non-durables (-0.2% vs 2.3%).

At the same time, it rose slower for capital goods (1.7% vs 8.5%). On a seasonally adjusted monthly basis, industrial activity fell by 0.7% in February, down from a 0.2% increase in the prior month.

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