processing industry

Serbian industrial sector shows robust growth, Led by processing industry

The National Bank of Serbia (NBS), citing data from the Republic Institute of Statistics, has announced a notable increase in industrial production. The primary drivers behind this growth were the processing industry, which saw a year-on-year increase of 10.8 percent, and mining, with a growth rate of 14.9 percent. However, there was a decline in activity within the energy sector, experiencing a 2.9 percent decrease year-on-year. Nonetheless, within the processing industry, production expanded in 19 out of 24 sectors. Key…