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Sarajevo Times > Blog > BUSINESS > Total Seasonally Adjusted Industrial Production recorded Decrease in BiH
BUSINESS

Total Seasonally Adjusted Industrial Production recorded Decrease in BiH

Published: September 26, 2019
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Total seasonally adjusted industrial production in Bosnia and Herzegovina in August 2019, compared to July 2019, is decreased by 3.9%. 

According to BiH’s Agency for Statistics, in August 2019, compared to August 2018, industrial production in Bosnia and Herzegovina, the calender adjusted, is decreased by 5.9%. 

In August 2019, compared to July 2019, production of Energy increased by 0.2%, while production of Consumer non-durables decreased by 5.3%, production of Intermediate goods decreased by 5.6%, production of Consumer durables decreased by 6.3%, and production of Capital goods decreased by 8.4%. 

In August 2019 compared to August 2018, production of Consumer durables increased by 2.9%, while production of Consumer non-durables decreased by 4.1%, production of Energy decreased by 4.7%, production of Intermediate goods decreased by 6.3%, and production of Capital goods decreased by 9.6%. 

In August 2019, compared to August 2018, calendar adjusted industrial production increased in section Mining and quarrying increased by 2.3%, while in section Electricity and gas supply decreased by 3.7%, and in section Manufacturing decreased by 7.9%. 

Broken down by divisions of activities (rates are calculated from seasonally adjusted indices) in August 2019 compared to July 2019, the highest growth is recorded in division 18 – Printing and reproduction of recorded media (18.6%), and division 07 – Mining of metal ores (16.2%). The largest decline in industrial production in August 2019 compared to July this year was recorded in division 21 – Manufacture of basic pharmaceutical products and pharmaceutical preparations (33.9%) and division 17 – Manufacture of paper and paper products (26.4%). 

Broken down by divisions of activities (rates are calculated from calendar adjusted indices) in August 2019 compared to August 2018, the highest growth is recorded in division 32 – Other manufacturing (84.5%) and division 07 – Mining of metal ores (50.2%). The largest decline in industrial production in August 2019 compared to August 2018, was recorded in division 12 – Manufacture of tobacco products (69.0%) and division 17 – Paper and paper products (36.3%). 

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