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The Government of the Republic of Serbia

In the service of citizens

Industrial production grows by 6.5%

Belgrade, 28 May 2007

The industrial production in the Republic of Serbia in April 2007 saw a 6.5% growth when compared to April 2006, and in comparison with the 2006 average it remained at the same level, according to the Serbian Statistics Office.

Observed by sectors, in April 2007 compared to the same month 2006, a fall of 1.3% was recorded in the sector of mining and quarrying, and a growth of 8.4% in the processing industry, and of 1.1% in the production and distribution of electricity, gas and water.

The data on industrial production by sectors in April 2007, compared to April 2006, show growth in the production of durable consumer goods by 71.4%, non-durable consumer goods by 6.5%, and intermediate goods by 12.6%, while a fall of 7.5% has been recorded in the production of capital goods and of 1.4% in the production of energy.

The industrial production growth in April 2007 compared to April 2006 was mostly influenced by production of foodstuffs and beverages, furniture, chemicals and chemical products, publishing, printing and reproduction of writings and production of basic metals.

The seasonal adjustment of the industrial production index for April 2007, compared to the 2006 average, indicates a 4.6% growth in the overall industrial production and a 7.1% growth in the processing industry.

The seasonally adjusted industrial production index for April 2007, compared to March 2007, indicates a 3% growth in overall industrial production and a 1.7% growth in the processing industry.