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. Industrial Production in Serbia averaged 2 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.

Industrial Production in Serbia is expected to be 1.50 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 2.00 in 12 months time. In the long-term, the Serbia Industrial Production is projected to trend around 2.50 percent in 2020, according to our econometric models.

Serbia Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 11:00 AM Industrial Production YoY 2.4% -5.5% -4%
2019-04-30 10:00 AM Industrial Production YoY -2.8% 2.4% 1%
2019-05-31 10:40 AM Industrial Production YoY -0.8% -2.8% 2.5%
2019-06-28 10:00 AM Industrial Production YoY -0.6% -0.8%
2019-07-31 10:00 AM Industrial Production YoY -0.6% 1.5%
2019-08-30 10:00 AM Industrial Production YoY
2019-09-30 11:20 AM Industrial Production YoY


Serbia Business Last Previous Highest Lowest Unit
Industrial Production -0.60 -0.80 110.20 -58.73 percent [+]
Manufacturing Production 3.80 -2.10 23.70 -23.40 percent [+]
Internet Speed 11086.42 10523.37 11086.42 804.13 KBps [+]
IP Addresses 1302521.00 1307324.00 1389840.00 152042.00 IP [+]
Ease of Doing Business 48.00 43.00 93.00 43.00 [+]
Corruption Index 39.00 41.00 42.00 23.00 Points [+]
Corruption Rank 87.00 77.00 106.00 71.00 [+]
Competitiveness Index 60.88 59.20 60.88 3.76 Points [+]
Competitiveness Rank 65.00 70.00 101.00 65.00 [+]
Steel Production 184.90 176.90 189.10 0.00 Thousand Tonnes [+]


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. 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. Serbia Industrial Production - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.60 -0.80 110.20 -58.73 1995 - 2019 percent Monthly
NSA




Country Last Previous
Argentina -6.90 May/19
Australia 1.20 Mar/19
Brazil 7.10 May/19
Canada 2.14 Apr/19
China 6.30 Jun/19
Euro Area -0.50 May/19
France 4.00 May/19
Germany -3.70 May/19
India 3.10 May/19
Indonesia 7.90 Mar/19
Italy -0.70 May/19
Japan -2.10 May/19
Mexico -3.35 May/19
Netherlands -0.90 May/19
Russia 3.30 Jun/19
Saudi Arabia 2.34 Sep/18
Singapore -2.40 May/19
South Africa 1.00 May/19
South Korea -0.20 May/19
Spain 1.40 May/19
Switzerland 4.30 Mar/19
Turkey -1.30 May/19
United Kingdom 0.90 May/19
United States 1.30 Jun/19


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