Serbia’s GDP rises in Q1 2022

NEWS 31.05.202217:03
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Serbia’s GDP rose by 4.4 percent in real terms in the first quarter of 2022 compared to the same period a year earlier, the Republic Statistics Office (RZS) said on Tuesday.

It said that the GDP dropped by 0.5 percent compared to the last quarter of 2021.

Significant growth in real terms was reported in the retail and wholesale industries, vehicle repair, traffic, storage and food and catering (11 percent) and in industry, water supply and waste water management (1.9 percent).

The RZS said that a drop of 5.3 percent in real terms was reported in the construction industry.