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The Government of the Republic of Serbia

In the service of citizens

Industrial output up 1.5% compared to annual average

Belgrade, 30 November 2009

The Serbian Statistics Office stated that industrial output in October went up 5.8% compared to October 2008 and 1.5% compared to the 2008 average.

In January–October 2009, compared with the same period in 2008, industrial output fell by 14 %.

Examined by sectors, in October 2009, compared with the same month in 2008, there was a 7.6 % fall in the processing sector, 6.1% fall in mining and quarrying and a 1.9% rise in energy production and distribution of electric energy, gas and water.

There was a fall in the production of durable consumer goods by 25.4%, capital goods by 12.7 % and non-durable consumer goods by 12.4 %, while a rise was recorded in intermediary products, energy excluded, by 2 % and the energy sector by 0.5%.

The industrial production volume in October 2009, compared to October 2008, showed that there was fall in 21 divisions, which participate in the structure of industrial production with 68 %, while production grew in 8 divisions, which participate in the structure of industrial production with 32 %.

Industrial production fall in October 2009, compared to October 2008, was mainly influenced by the manufacture of food products, chemicals and chemical products, furniture and machine and appliances (electrical appliances excluded).

The seasonally adjusted industrial production index for October 2009, compared to September 2009, indicates a 0.8 % fall in overall industrial output and a 1 % fall in the processing industry.

The seasonal adjustment of the industrial production index for October 2009, compared to the 2008 average, indicates a 9.5 % fall in the overall industrial production and a 13 % fall in the processing industry.

The production of small and medium-sized enterprises (SMEs) that were not included in regular statistical surveys is monitored based on a sample of selected units. In October 2009, compared to the 2008 average, overall industrial production increased by 0.5 % and manufacturing fell by 1.9%.