Slovenija
Bosna i Hercegovina
Hrvatska
Newsletter says Serbia’s GDP grew 5.7 percent at start of 2024
The Macroeconomic Analyses and Trends (MAT) monthly newsletter said on Monday that Serbia’s GDP grew by some 5.7 percent in real terms in the first two months of the year but added that inflation is twice as high as in the European Union.
It said that a rise in y.o.y. foreign trade was recorded in February following 10 months of a downward trend. MAT said that 79.3 percent of imports were covered by exports compared to 75.7 percent a year earlier.
“The key issue is whether new investments and domestic private spending will be enough to help the economy resist pressures,” it said.
MAT experts believe that monthly inflation rose in February solely due to temporary causes. Inflation in January and February stood at 6.4 percent and 5.7 percent respectively.
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