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2.10.4 Industrial production
After a strong recovery from the coronacrisis, Serbia’s industrial
performance has been mixed. Overall, industrial production was 1.9%
higher in the first nine months of the year compared to the same period
in 2021.
As in other countries in the region, the sector has been impacted by
higher costs of energy and other inputs, as well as supply chain
disruptions.
The country’s industrial production edged down 0.3% year on year in
September, reversing a 0.3% y/y increase in the previous month, the
latest statistics office data indicated on October 31.
The industrial production in September was 1.9% higher compared to
the 2021 average. Year on year, Serbia's industrial production in the
mining and quarrying sector increased by 1.3% in September. In the
manufacturing industry the production went down by 0.6% y/y, while in
the utilities sector it was flat.
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