Bosnia Production Falls in March
Bosnia and Herzegovina's industrial production fell 4.3% year-on-year in March, after a decline of 3% in February, the Sarajevo-based Agency for Statistics (BHAS) said on Tuesday.
Output dropped further for non-durables (-8.8% vs -0.2% in the previous month), intermediate goods (-8.1% vs -5.1%), and durables (-1.6% vs -0.4%). It also rose slower for capital goods (0.3 vs 1.7%).
On the other hand, energy production turned positive (1.5 vs -4.9%). On a seasonally adjusted monthly basis, industrial activity expanded by 1.7%, rebounding from a prior 0.6% decline.
In the first quarter of this year, the country's industrial output dropped 2.5% compared to the first quarter of last year.
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