Zajímá mne:

Produkty

Detail analýzy

13.12.2023 / Erste Group Research

Economy regained strength


The Serbian economy regained strength in 3Q23, as real GDP growth accelerated to 3.6% y/y, compared with just 1.3% y/y growth in 1H23.

Pick-up in activity prompted us to upgrade our FY23 forecast by 0.8pp to 2.4% y/y, while next year’s FY GDP forecast was cut by 0.2pp to 3.3% y/y as transmission of previous monetary hikes work their way through the economy alongside slower than expected recovery of external demand. Growth should accelerate towards 3.5% y/y in 2025.

Inflation peaked in March, but disinflation continues to be a gradual process. Despite unfavorable macro situation in 1H23, marked by high inflation and low growth, fiscal trends were relatively solid prompting a small decrease in targeted budget gap.

Focus now largely shifts to early parliamentary elections, scheduled for this Sunday, 17th December.

PDF Download Stáhnout PDF (102kB)

Základní informace

AutorErste Group Research
Datum13.12.2023
Jazyken
Název produktuCEE Country Macro Outlook
Hlavní témaMakro/Úrokové sazby, Směnné kurzy/FX
Zaostřeno na ekonomikuSrbsko
Zaměřeno na měnuSrbský dinár
Zaměřeno na sektor-
Stáhnout

Zaregistrujte se...

a objednejte si zdarma aktuální analýzy a prognózy!