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A:
Overall economic activity in 2010 up 1.5%
Belgrade,
29 December 2010
The Serbian Statistical Office stated today that the overall growth in economic activity this year, estimated through GDP and reflected in permanent prices in 2002, was up 0.5% against the previous year.
By sectors, the largest growth rate was in the sectors of transport, storage and communications, financial mediation and industry. The greatest GDP drop was recorded in the construction sector, agriculture, hotel and restaurant sector, public sector and services sector.
Industrial production rose 3.0% in 2010, largely due to a growth rate in the processing industry and ore and stone mining sector. Agricultural production dropped 1.7% in 2010.
The construction sector recorded a fall of 13.6%. Retail sale also dropped by 0.4%, while wholesale trade went up 1.7%.
The hotel sector saw a fall of 1.9% this year. The upward trend in the transport sector and telecommunications continued with a rise of 6.2%, and the same goes for postal activities.
The employment rate fell by 4.9% this year, more specifically by 5.7% for men and 3.9% for women.
Salaries without taxes and contributions continued to grow this year, and were up 7.6% in nominal terms and 0.7% in real terms against 2009.
Industrial production rose 3.0% in 2010, largely due to a growth rate in the processing industry and ore and stone mining sector. Agricultural production dropped 1.7% in 2010.
The construction sector recorded a fall of 13.6%. Retail sale also dropped by 0.4%, while wholesale trade went up 1.7%.
The hotel sector saw a fall of 1.9% this year. The upward trend in the transport sector and telecommunications continued with a rise of 6.2%, and the same goes for postal activities.
The employment rate fell by 4.9% this year, more specifically by 5.7% for men and 3.9% for women.
Salaries without taxes and contributions continued to grow this year, and were up 7.6% in nominal terms and 0.7% in real terms against 2009.
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