Serbia: Industrial production falls at a faster clip in November
Latest reading: Industrial production declined 3.4% on a year-on-year basis in November, following a 2.3% decline in the previous month. November’s reading was the weakest since March 2024 and was due to a sharper drop in manufacturing output plus softer growth in mining.
On a seasonally adjusted month-on-month basis, industrial production declined 1.3% in November, following a 2.3% fall in the prior month.