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30.09.2020. -
Industrial production indices, August 2020

The industrial production in the Republic of Serbia in August 2020 increased by 4.2% on average relative to August 2019, while relative to 2019 average, it decreased by 0.4%. Industrial production in the period January – August 2020 decreased by 0.7% compared to the same period last year.

Observed by sections,

In August 2020 compared with August 2019, the following trends were noted:

  • the section of electricity, gas, steam and air conditioning supply manufacturing – growth of 11.2%,
  • the section of manufacturing – growth of 3.0%.
  • the section of section of mining and quarrying – growth of 1.8%.

The data on industrial production by MIGS in August 2020, compared to August 2019, expressed growth in the production of:

  • capital goods, by 11.3%,
  • durable consumer goods, by 7.9%,
  • intermediate products, energy excluded, by 6.6%,
  • non - durable consumer goods, by 2.2%, and
  • energy, by 1.4%.

Industrial production volume in August 2020, compared to August 2019, expressed the following trends:

  • growth in 13 divisions that in the structure of industrial production participate with 52%, and
  • fall in 16 divisions that in the structure of industrial production participate with 48%.

The largest influence on industrial production growth in August 2020 compared to August 2019 had the divisions of: generation of electricity, manufacture of fabricated metal products, except machinery and equipment, manufacture of wearing apparel, manufacture of basic metals, and manufacture of chemicals and chemical products.

The seasonally adjusted industrial production index for August 2020, compared to 2019 average, indicates 5.1% growth of the overall industrial production and 4.2% growth of manufacturing.

The seasonal adjustment of the industrial production index for August 2020, compared to July 2020, indicates 3.5% growth of the overall industrial production and 2.4% growth 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 August 2020 compared to 2019 average decreased by 0.8% and manufacturing decreased by 1.1%.

The data on the industrial production in 2020 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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