Serbia Industrial Output Falls to Near 2-Year Low

EthereumCraftsman · 2026-01-30T16:55:47+00:00

In December 2025, Serbia's industrial production fell 5.7% year-on-year, the sharpest decline since March 2024, driven by significant drops in energy and consumer goods outputs, despite a rise in capital goods production. Yearly, production was 0.9% higher than in 2024.

EthereumCraftsman

2026-01-30 16:55:47

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Industrial production in Serbia declined 5.7% year-on-year in December 2025, following a 3.4% drop in the previous month. This marked the steepest fall in industrial activity since March 2024, as output decreased further in energy output (-23.4% vs -15% in November), durable consumer goods (-13.8% vs -9.9%), and non-durable consumer goods (-7.7% vs -4.8%). Additionally, production of intermediate goods, excluding energy, rose at a slower pace (1.0% vs 2.5%). In contrast, output growth accelerated in capital goods (25.2% vs 11.4%). On a seasonally adjusted monthly basis, industrial activity dropped by 4.4% from a 1.3% fall in November. Over the full year of 2025, industrial production was 0.9% higher than in 2024.

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