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.