Serbia's industrial production jumped 8.3 percent from a year earlier in December 2019, accelerating from a 1.1 percent increase in the previous month, as output rose for all categories: capital goods (24.9 percent); durable consumer goods (16.0 percent); intermediate goods (13.3 percent); energy (5.0 percent); and non-durable consumer goods (1.5 percent). Considering 2019 full year, industrial production edged up 0.3 percent. Serbia Industrial Production - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Industrial Production in Serbia averaged 2.05 percent from 1995 until 2019, reaching an all time high of 110.20 percent in May of 2000 and a record low of -58.73 percent in May of 1999. This page provides the latest reported value for - Serbia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Statistical Office of the Republic of Serbia

Industrial Production in Serbia is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Serbia to stand at 2.40 in 12 months time. In the long-term, the Serbia Industrial Production is projected to trend around 2.50 percent in 2021, according to our econometric models.


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Serbia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
8.30 1.10 110.20 -58.73 1995 - 2019 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-10-31 11:00 AM Sep 1.6% 0.5% 1.4%
2019-11-29 11:00 AM Oct 0.5% 1.6% 2%
2019-12-30 11:00 AM Nov 1.1% 0.5%
2020-01-31 11:00 AM Dec 8.3% 1.1% 1.9%
2020-02-28 11:00 AM Jan 8.3%
2020-03-31 11:00 AM Feb
2020-04-30 10:00 AM Mar 2%
2020-05-29 10:40 AM Apr


News Stream
Serbia Industrial Output Rises 8.3% in December
Serbia's industrial production jumped 8.3 percent from a year earlier in December 2019, accelerating from a 1.1 percent increase in the previous month, as output rose for all categories: capital goods (24.9 percent); durable consumer goods (16.0 percent); intermediate goods (13.3 percent); energy (5.0 percent); and non-durable consumer goods (1.5 percent). Considering 2019 full year, industrial production edged up 0.3 percent.
2020-01-31
Serbia Industrial Output Fall 0.6% YoY in May
Industrial production in Serbia decreased 0.6 percent year-on-year in May of 2019, following a 0.8 percent fall in the previous month. Output rebounded for energy (1.6 percent from -14.3 percent) and durable consumer goods (4.7 percent from -3.7 percent) while intermediate goods production slowed (1.7 percent from 3.5 percent). By contrast, output fell for capital goods (-0.3 percent from 13.8 percent) and non-durable consumer goods (-5.9 percent from 3.6 percent). Considering the January to May period, industrial production dropped 1.3 percent.
2019-06-28
Serbia Industrial Output Falls 0.8% YoY in April
Serbia’s industrial production decreased 0.8 percent year-on-year in April 2019, following a 2.8 percent fall in the previous month. Output rebounded for non-durable goods (3.6 percent from -1.8 percent in March) and increased further for capital (13.8 percent from 7.5 percent). Meanwhile, output went down at a faster pace for energy (-14.3 percent from -13.1 percent); and durable consumer goods (-3.7 percent from -2.0 percent) and rose less for intermediate (3.5 percent from 4.2 percent). Considering the first four months of the year, industrial output declined 1.5 percent.
2019-05-31
Serbia Industrial Output Falls 2.8% YoY in March
Serbia’s industrial production fell 2.8 percent year-on-year in March 2019, following a 2.4 percent gain in the previous month. Output dropped for energy (-13.1 percent from 6.1 percent in February); durable consumer goods (-2.0 percent from 4.2 percent); and non-durable (-1.8 percent from 2.0 percent). On the other hand, production of intermediate goods rebounded (4.2 percent from -1.8 percent) and capital goods output advanced further (7.5 percent from 3.4 percent). Considering the first quarter of the year, industrial output declined 1.9 percent.
2019-04-30

Serbia Industrial Production
In Serbia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.