By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: BiH’s Industry is growing on the Back of Mines
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > BiH’s Industry is growing on the Back of Mines
BUSINESS

BiH’s Industry is growing on the Back of Mines

Published March 12, 2023
Share
SHARE

Industrial production in Bosnia and Herzegovina (BiH) recorded growth, mostly in the field of ore and stone extraction, according to the latest data from the Agency for Statistics of BiH. A decline was recorded in the field of the processing industry.

Total seasonally adjusted industrial production in BiH in January 2023 compared to December 2022 is 0.2 percent higher. The production of capital products grew the most (6.3 percent), the production of energy increased by 2.9 percent, and the production of intermediate products increased by 1.7 percent. The production of durable consumer goods decreased by 0.7 percent, and the production of non-durable consumer goods decreased by 3.5 percent.

Observed by areas of activity, seasonally adjusted industrial production recorded growth in the area of extraction of metal ores (37 percent), the area of production of other means of transport (20.3 percent), and the area of extraction of other ores and stones (19.1 percent).

The biggest decline is in the production of tobacco products (100 percent), the production of computers, electronic and optical products (31.3 percent), and the basic production of pharmaceutical products and pharmaceutical preparations (8.4 percent).

Calendar adjusted

In January 2023, compared to the same month last year, the calendar-adjusted total industrial production recorded a decrease of 0.3 percent.

The production of capital goods increased by 7.9 percent, intermediate products increased by 2.4 percent, as well as the production of non-durable consumer goods, and the production of durable consumer goods increased by 1.5 percent. Energy production is lower by 9.7 percent.

By area, the greatest growth was recorded in the area of basic production of pharmaceutical products and pharmaceutical preparations (67.6 percent) and the area of metal ore extraction (57.1 percent). The biggest decline was recorded in the area of tobacco product production (100 percent) and in the area of textile production (44.9 percent), Bloomberg Adria reports.

E.Dz.

Difficult Situation in the North of Kosovo: Fear, Insecurity, and Shortages

Modern Waste Management Center Begins Operations in BiH

Prevent to work for Ford Focus and open 400 New Workplaces?

Delegation from Germany informed about Opportunities for Cooperation in Bosnia and Herzegovina

Significant Decrease in Number of Eggs placed in Hatcheries in December last Year in Bosnia

TAGGED:#analysis#bosnia#mines#news
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Republika Srpska allocated Military Property of BiH for the Construction of a Prison
Next Article What did HR Schmidt say in Budapest that caused a Storm of Reactions?
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

From Sarajevo to Armageddon: Why World War III Is Likely and How to Avoid It
April 20, 2026
BiH Delegation ready to confront Croatian Representatives on Trgovska Gora Case
April 20, 2026
A Major Turnaround in Pretis: Instead of Huge Profit – a Multi-Million Loss
April 20, 2026
HR Schmidt: I Would Leave the Issue of State Property to Domestic Politicians
April 20, 2026
BiH Hockey Players won Third Place at the III-A Division World Championship
April 20, 2026
Sarajevo House Exhibition By Safet Zec Marks 130th Anniversary Of Sarajevo City Hall
April 20, 2026
Donja Jablanica Fourteen Months after the Tragedy: Many are still Waiting to return to their Homes
April 20, 2026
Number of Deaths in Traffic Accidents in BiH recorded Increase
April 20, 2026
House of Peoples to discuss Excise Taxes Today
April 20, 2026
BiH Youth and Migrants together against Hatred
April 20, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?