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Sarajevo Times > Blog > BUSINESS > Total Seasonally adjusted Industrial Production recorded Increase in Bosnia and Herzegovina
BUSINESS

Total Seasonally adjusted Industrial Production recorded Increase in Bosnia and Herzegovina

Published: March 14, 2020
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Total seasonally adjusted industrial production in Bosnia and Herzegovina in January 2020, compared to December 2019, is increased by 4.3%, according to Bosnia and Herzegovina’s Agency for Statistics.

In January 2020, compared to January 2019, industrial production in Bosnia and Herzegovina, the calendar adjusted, is increased by 2.8%.

In January 2020, compared to December 2019, production of Capital goods increased by 8.9%, production of Intermediate goods increased by 7.8%, production of Consumer durables increased by 4.7%, production of Energy increased by 3.0%, and production of Consumer non-durables increased by 1.0%.

In January 2020 compared to January 2019, production of Energy increased by 10.1%, production of Intermediate goods increased by 5.0%, while production of Consumer non-durables decreased by 2.2%, production of Capital goods decreased by 5.7%, and production of Consumer durables decreased by 19.1%.

According to sections of KD BiH 2010, seasonally adjusted industrial production in January 2020 compared to December 2019 in section Manufacturing increased by 5.2%, in section Mining and quarrying increased by 3.9%, and in section Electricity and gas supply increased by 2.1%.

In January 2020, compared to January 2019, calendar adjusted industrial production increased in section Mining and quarrying by 13.4%, in section Electricity and gas supply increased by 11.8%, while in section Manufacturing decreased by 2.2%.

Broken down by divisions of activities (rates are calculated from seasonally adjusted indices) in January 2020 compared to December 2019, the highest growth is recorded in division 08 – Other mining and quarrying (46.9%) and division 21 – Manufacture of basic pharmaceutical products and pharmaceutical preparations (30.0%). The largest decline in industrial production in January 2020 compared to December 2019 was recorded in division 12 – Manufacture of tobacco products (50.9%) and division 32 – Other manufacturing (39.6%).

Broken down by divisions of activities (rates are calculated from calendar adjusted indices) in January 2020 compared to January 2019, the highest growth is recorded in division 08 – Other mining and quarrying (68.7%) and division 21 – Manufacture of basic pharmaceutical products and pharmaceutical preparations (42.7%). The largest decline in industrial production in January 2020 compared to January 2019, was recorded in division 12 – Manufacture of tobacco products (85.1%) and division 24 – Manufacture of basic metals (28.6%).

 

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