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The Government of the Republic of Serbia

In the service of citizens

Industrial output down

Belgrade, 30 April 2009

The Serbian Statistics Office stated today that industrial production in Serbia in March this year went down by 14.2% against March 2008 and by 12.2% against the 2008 average.

In the first three months of 2009, compared to the same period in 2008, industrial production dropped by 16.9%.

By sectors, the processing industry fell by 20.2%, ore and stone mining by 3.2% and the production and distribution of electric energy, gas and water increased by 6.1% in comparison with March 2008.

Compared to March 2008, the production of capital goods decreased by 24%, durable consumer goods by 25.4%, intermediate products, energy excluded, by 33.1% and non-durable consumer goods by 6.8% and the production of energy went up by 3.5%.

Industrial production in March 2009 against the same month in 2008 decreased in 22 areas making up 75% of the total industrial output and increased in 7 area which accounts for 25% of the total industrial output.

The poor industrial output was mostly influenced by the production of basic metals, food products, non-metal mineral products, chemicals and chemical products, vehicles and trailers.

The seasonal adjustment of the industrial production index for March 2009, compared to the 2008 average, indicates a 11.6% fall in overall industrial production and a fall of 16.8% in the processing industry.

The seasonally adjusted industrial production index for March 2009, compared to February 2009, indicates a 1.5% growth in overall industrial production and a 0.7% fall in the processing industry.

The output of small and medium-sized enterprises (employing less than 50 workers) that are not included in regular statistic surveys is monitored by a sample from the processing industry.

The total industrial production this March against last year’s average monthly output, including SME output figures, fell by 12.6% and output in the processing industry by 19.2%.