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Analysis by Region - Europe - Serbia

Publisher Oxford Economics
Published May 16, 2022
Length 7 Pages
SKU # OFE17190289

Description

Analysis by Region - Europe - Serbia

The Ukraine war is exacting a toll on Serbian economy, which is now expected to see growth slow to 4.5% for the year even as inflation (standing at 9.6% in April) continues to rise. Russia is Serbia's fifth-largest trade partner (after Germany, China, Italy, and Romania), and it doesn't help that a slowdown is expected in those countries, too. Higher oil prices have contributed to the jump in inflation, although central bank still expects to see inflation to return to target range (3%, with a tolerance of +/- 1.5%) by the end of the year.

Table of Contents

7 Pages
Country Economic Forecast | Serbia
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics
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