Serbian industrial turnover down by 2.5 pct y-o-y in August

BELGRADE - Serbia's August 2023 industrial turnover was down by 2.5 pct relative to the same month of last year, according to figures released by the national statistical office.

Relative to the 2022 average, it was down by 2.2 pct.

By sectors, the mining sector registered a 13.2 pct turnover increase y-o-y, while the manufacturing industry turnover fell by 3.1 pct.

The industrial turnover was down by 5.4 pct y-o-y in the Serbian market and up by 2.0 pct y-o-y in the international market.