Tuesday, the Statistical Office of the Republic of Serbia announced that the industrial production dropped 19.7% year-over-year in February, after falling 17.1% in January.

In February, manufacturing production decreased 23.7% annually, while mining and quarrying production fell 19.7%. The production of electricity, gas and water supply dropped 8.5%.

For the first two months of the year, industrial production declined 18.7% compared to the same period of the previous year.

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