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30.11.2018. -
Industrial production indices, October 2018

 

The industrial production in the Republic of Serbia in October 2018 increased by 3.2% relative to October 2017 and by 11.7% relative to 2017 average. Industrial production in the period January - October 2018, when compared to the same period 2017, increased by 2.4%. Manufacturing recorded the increase of 5.6% in October 2018 relative to October 2017.

Observed by sections,

in October 2018 compared with October 2017, the following trends were noted:

  • the section of manufacturing – growth of 5.6%,
  • the section of mining and quarrying– fall of 4.0%, and
  • the section of electricity, gas, steam and air conditioning supply – fall of 4.3%,

in the period January – October 2018, relative to the same period 2017, the trends were noted as follows:

  • the section of manufacturing– growth of 2.9%,
  • the section of electricity, gas, steam and air conditioning supply – growth of 2.8%, and
  • the section of mining and quarrying – fall of 4.6%.

The data on industrial production by destination in October 2018, compared to October 2017, expressed growth in the production of:

  • intermediate products, energy excluded, by 11.7%,
  • durable consumer goods, by 4.1%,
  • capital goods, by 3.1%, and
  • non - durable consumer goods, by 0.8%,

while fall was noted for

  • energy, by 2.6%.

 

Industrial production volume in October 2018, compared to October 2017, expressed the following trends:

  • growth in 20 divisions that in the structure of industrial production participate with 55%,
  • fall in 9 divisions that in the structure of industrial production participate with 45%.

 

The largest influence on industrial production growth in October 2018 compared to October 2017 had the divisions of: manufacture of basic metals, other manufacturing, manufacture of beverages, manufacture of chemicals and chemical products and manufacture of non-metallic mineral products.     

The seasonally adjusted industrial production index for October 2018, compared to 2017 average, indicates 2.6% growth of the overall industrial production and 4.2% growth of manufacturing.

The seasonal adjustment of the industrial production index for October 2018, compared to September 2018, indicates 0.4% fall of the overall industrial production and 0.2% fall of manufacturing.

The production of small-size enterprises (the number of employees less than 50) that were not included in regular statistical surveys is followed on a sample of the selected units of the section of manufacturing. When the assessment of the industrial production of small-size enterprises of the sample is included, the overall industrial production in October 2018 compared to 2017 average increased by 11.3% and manufacturing increased by 14.7%.

The data on the industrial production in 2018 will be published on the last working day in a month and will refer to the previous month.

Starting from 1999 the Statistical Office of the Republic of Serbia has not at disposal and may not provide available certain data relative to AP Kosovo and Metohia and therefore these data are not included in the coverage for the Republic of Serbia (total).

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