Thursday, May 31, 2012

RZS: Industrial production down by 2.2 % in April

BELGRADE - The industrial production in the Republic of Serbia in April 2012 went down by 2.2 percent when compared to April 2011, the Statistical Office of the Republic of Serbia (RSZ) announced on Thursday.

In the period January- April 2012, relative to the same period 2011, industrial production decreased by 4.7 percent.

Observed as divided by sections, April 2012 compared to the same month 2011 saw an 11.7 percent fall in electricity, gas, steam and air conditioning supply, same level in the section of mining and quarrying, and a 0.1 percent growth in the section of manufacturing.

The data on industrial production by destination in April 2012, compared to April 2011, expressed fall in the production of the following goods: energy by 7.1 percent, intermediate products, energy excluded, by 5.0 percent, and capital goods by 4.4 percent, while growth was noted for: durable consumer goods by 12.5 percent, and non - durable consumer goods by 4.9 percent.

The industrial production volume in April 2012, compared to April 2011, saw a fall in 12 divisions that in the structure of industrial production participate with 49 percent, and a growth in 17 divisions that in the structure of industrial production participate with 51 percent.

The largest influence on industrial production fall in April 2012 compared to April 2011 had the divisions of: generation of electricity, manufacture of basic metals, manufacture of chemicals and chemical products, mining of coal and manufacture of non-metallic mineral products, the RSZ said.

The 2012 April industrial production went down by 6.0 percent in relation to the 2011 average.

The seasonally adjusted industrial production index for April 2012, compared to March 2012, indicates 1.1 percent growth of the overall industrial production and 0.7 percent growth in manufacturing.

The seasonal adjustment of the industrial production index for April 2012, compared to 2011 average, indicates 1.0 percent fall of the overall industrial production and 2.7 percent growth in 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 April 2012 compared to 2011 average decreased by five percent and manufacturing decreased by 2.2 percent.

The data on the industrial production in 2012 will be published on the last working day in a month and will refer to the previous month, the RSZ statement reads.

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