Serbia’s industrial production fell 0.5% year-on-year in August 2026, easing from a 2.3% decline in July and marking a second consecutive monthly contraction. Manufacturing output decreased 1.8%, compared with a 1.6% decline in July. Electricity, gas, steam and air-conditioning supply rose 0.8% after falling 8.8%, while mining and quarrying growth accelerated to 6.7% from 3.0%. By economic destination, durable consumer goods fell 12.1%, intermediate goods excluding energy declined 1.3%, and non-durable consumer goods dropped 0.5%. Energy output increased 0.8%, while capital goods edged up 0.1%. On a seasonally adjusted monthly basis, industrial production declined 0.6% after rising 0.3% in July, with manufacturing down 1.0%. Production in January-August 2026 was 0.1% higher than in the same period a year earlier.