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A:
Industrial production up 7.5 percent in January-July
Belgrade,
27 August 2004
Serbia’s industrial production in July, not including Kosovo-Metohija, rose three percent against the average monthly production in 2003, state statistical bureau officials told a told a press conference today.
In January-July, industrial output rose 7.5 percent against the same period of 2003.
The processing industry increased by 7.8 percent against the 2003 monthly average. The production and distribution of electricity, gas and water dropped 12.2 percent, while ore and stone extraction decreased by seven percent.
The production of capital goods jumped 25.9 percent against the average monthly production in 2003, while the production of intermediary goods, not including energy, rose 14.8 percent. The production of durable consumer goods fell 8.8 percent, energy 8.1 percent, and non-durable consumer goods 1.7 percent.
A total of 16 sectors, accounting for 41 percent of overall industrial output, reported a rise in July, while 13 sectors, which make up 59 percent of the country’s industrial production, saw a drop.
Industrial production growth was largely fuelled by increases in the production of raw iron and steel, special-purpose machines, oil derivatives, bricks and tiles, and basic chemicals.
However, 16 sectors, accounting for 64 percent of overall industrial production, posted a drop compared with June. The sharpest declines were recorded in the production of confectionery, animal food, clothes and electrical engines.
Total industrial output in July, including SME production figures, increased by 3.1 percent against the 2003 monthly average, while the processing industry went up by 7.2 percent.
The processing industry increased by 7.8 percent against the 2003 monthly average. The production and distribution of electricity, gas and water dropped 12.2 percent, while ore and stone extraction decreased by seven percent.
The production of capital goods jumped 25.9 percent against the average monthly production in 2003, while the production of intermediary goods, not including energy, rose 14.8 percent. The production of durable consumer goods fell 8.8 percent, energy 8.1 percent, and non-durable consumer goods 1.7 percent.
A total of 16 sectors, accounting for 41 percent of overall industrial output, reported a rise in July, while 13 sectors, which make up 59 percent of the country’s industrial production, saw a drop.
Industrial production growth was largely fuelled by increases in the production of raw iron and steel, special-purpose machines, oil derivatives, bricks and tiles, and basic chemicals.
However, 16 sectors, accounting for 64 percent of overall industrial production, posted a drop compared with June. The sharpest declines were recorded in the production of confectionery, animal food, clothes and electrical engines.
Total industrial output in July, including SME production figures, increased by 3.1 percent against the 2003 monthly average, while the processing industry went up by 7.2 percent.
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