Serbia's industrial output rises in May
Image by Pixabay
Serbia's industrial production increased by 9.4% year-on-year in May, after growing by 33.9% in April, the Belgrade-based Central Statistical Office (SORS) said on Wednesday.
Manufacturing production rose by 11.1% annually in May and output of utilities added 7.9%.
Meanwhile, production of mining fell by 5.8%. On a seasonally-adjusted monthly comparison basis, the industrial output went up 1% in May after rising 7.6% a month earlier, the office said in a statement.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.