Tag Archives: inflation
Montenegro banks tighten credit as euro funding costs, sovereign risk and energy exposure reshape lending
Montenegro’s banking sector is moving from the broad post-pandemic credit expansion toward a more selective model, with banks increasingly assessing borrowers through sovereign risk, eurozone liquidity…
Montenegro’s economy enters a more fragile growth phase as tourism, banking and energy investment rebalance the market
Montenegro’s economy entered CW21 facing a far more complex balance between growth optimism and structural fragility as inflation pressures, slowing European demand, tourism dependence and rising…
National Bank of Serbia stress-tests inflation shock as Iran conflict threatens energy costs
Serbia’s central bank has built new inflation scenarios that range from a relatively contained outcome to a severe case tied to prolonged conflict involving Iran and…
NBS flags Middle East energy shock risk for Serbia’s inflation path and growth outlook
In its May 2026 Inflation Report, Serbia’s central bank warns that a Middle East-driven energy shock could push inflation above the target range temporarily, even as…
Serbia’s macroeconomic model shifts toward slower growth and tighter financial conditions
Serbia’s 2026 macroeconomic dataset from the Ministry of Finance points to a transition from the post-pandemic rebound toward a more mature, financially constrained growth path. The…
Serbia inflation expectations drift higher as energy and geopolitical risks re-enter the pricing
Serbian financial-sector inflation expectations edged up again in the latest NBS-linked survey, with one- and two-year outlooks moving modestly higher even as headline inflation remains within…
National Bank of Serbia flags shift to a more complex macroeconomic cycle
The National Bank of Serbia says inflation has returned to its target corridor and the banking system remains resilient, but it warns that price stability and…
Serbia’s early-2026 growth beats expectations, but inflation and Europe’s industrial slowdown remain key risks
Serbia’s economy grew by about 3% year-on-year in the first quarter of 2026, according to the MAT bulletin, driven largely by services and trade. Yet economists…
Serbia’s inflation shows signs of re-acceleration as energy and food costs shift
Inflation in Serbia has moved up to a four-month high, pointing to the start of a new pricing cycle driven by volatile energy costs, import pricing…
Montenegro’s import price inflation nearly stalls, pointing to a shift from external shocks
Montenegro’s industrial import prices rose only 0.2% year-on-year in the first quarter of 2026, according to MONSTAT—an abrupt slowdown that suggests imported cost pressures are losing…