GDP, industrial output, foreign trade all decline

The Serbian Statistical Office announced on Monday that the year-on-year real drop of GDP in the first quarter of 2012 stood at 1.3 percent.

Izvor: Tanjug

Tuesday, 01.05.2012.

12:20

Default images

The Serbian Statistical Office announced on Monday that the year-on-year real drop of GDP in the first quarter of 2012 stood at 1.3 percent. The calculation of quarterly GDP for the first quarter of 2012, which is more detailed, will be published in a statistical release on June 29, it was also said. GDP, industrial output, foreign trade all decline At the same time, Serbia's industrial output was down by 3.2 percent compared to the same period last year, and by 0.6 percent against the 2011 average. Industrial output from January until March 2012, compared with the same period 2011, was lower by 5.9 percent. The Statistical Office also stated that the total foreign trade in the period January-March 2012 stood at USD 7.05bn - a drop of 3.7 percent compared to the same period last year. Goods worth USD 2.44bn were exported, which is a drop of 9.2 percent against the same period last year. Serbia imported goods worth USD 4.61bn, a drop of 0.5 percent, year-on-year. In euros, exports were worth 1,86bn - 5.3 percent less compared to the same period last year, while imports stood at EUR 3,5bn, an increase of 3.8 percent. In the same period, the recorded deficit was USD 2,16bn or EUR 1,65bn - an increase of 11.5 and 16.5 percent, respectively. Export-to-import ratio was 52.9 percent and was lower than the last year's 58 percent. Tanjug

GDP, industrial output, foreign trade all decline

At the same time, Serbia's industrial output was down by 3.2 percent compared to the same period last year, and by 0.6 percent against the 2011 average.

Industrial output from January until March 2012, compared with the same period 2011, was lower by 5.9 percent.

The Statistical Office also stated that the total foreign trade in the period January-March 2012 stood at USD 7.05bn - a drop of 3.7 percent compared to the same period last year.

Goods worth USD 2.44bn were exported, which is a drop of 9.2 percent against the same period last year. Serbia imported goods worth USD 4.61bn, a drop of 0.5 percent, year-on-year.

In euros, exports were worth 1,86bn - 5.3 percent less compared to the same period last year, while imports stood at EUR 3,5bn, an increase of 3.8 percent.

In the same period, the recorded deficit was USD 2,16bn or EUR 1,65bn - an increase of 11.5 and 16.5 percent, respectively.

Export-to-import ratio was 52.9 percent and was lower than the last year's 58 percent.

Komentari 13

Pogledaj komentare

13 Komentari

Možda vas zanima

Podeli: