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30.11.2020. -
Industrial production indices, October 2020


The industrial production in the Republic of Serbia in October 2020 increased by 1.9% relative to October 2019, while relative to 2019 average, it increased by 12.7%. Industrial production in the period January – October 2020 increased by 0.3% compared to the same period last year.

Observed by sections,

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

  • the section of electricity, gas, steam and air conditioning supply– growth of 18.9%,
  • the section of section of mining and quarrying – growth of 0.6% and
  • the section of manufacturing – fall of 0.9%.

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

  • durable consumer goods, by 25.5%,
  • energy, by 8.1%, and
  • capital goods, by 0.7%,

while fall was noted in the production of:

  • non - durable consumer goods, by 0.8%, and
  • intermediate products, energy excluded, by 2.3%.

 

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

  • growth in 12 divisions that in the structure of industrial production participate with 59%, and
  • fall in 17 divisions that in the structure of industrial production participate with 41%.

 

The largest influence on industrial production growth in October 2020 compared to October 2019 had the divisions of: generation of electricity, manufacture of electrical equipment, manufacture of food products, manufacture of rubber and plastic products and manufacture of fabricated metal products, except machinery and equipment.

The seasonally adjusted industrial production index for October 2020, compared to 2019 average, indicates 4.5% growth of the overall industrial production and 3.5% growth of manufacturing.

The seasonal adjustment of the industrial production index for October 2020, compared to September 2020, indicates 0.3% growth of the overall industrial production and 0.5% 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 2020 compared to 2019 average increased by 12.5% and manufacturing increased by 13.7%.

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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