Tag Archives: serbia
Serbia’s 2026 growth mix: public investment drives construction while services stabilize the outlook
Serbia is projected to grow by about 3.5–4.0% in 2026, supported by state-led infrastructure spending and a services sector—especially IT and logistics—that helps cushion volatility from…
Serbia steps up fiscal expansion to fund its investment cycle toward EXPO 2027
Serbia’s 2026 fiscal stance is firmly expansionary, with capital spending rising to support infrastructure, energy and urban projects tied to EXPO 2027. The government is financing…
Serbia’s 2026 external deficit endures as investment imports outstrip export gains
Serbia’s current account remains negative in 2026, with energy and capital-goods imports widening the goods trade gap. The deficit is still viewed as sustainable because it…
Serbia brings a new supercomputer online in Kragujevac as data-centre buildout accelerates
Serbia has officially launched a new supercomputer at the State Data Centre in Kragujevac, adding computing capacity alongside new data-centre modules and solar power. The expansion…
NBS clarifies foreign-currency checkout for Serbian e-commerce exports
Serbia’s National Bank has confirmed that domestic online sellers can collect foreign-currency payments from non-resident customers, removing a key checkout friction point that previously forced some…
Serbia’s early-2026 trade data show exports gaining ground over imports
In the first three months of 2026, Serbia recorded a narrower goods trade deficit as export growth accelerated while import growth largely stalled. The trade gap…
Serbia’s dinar stability in 2026: FX reserves and active central bank management underpin the macro anchor
In 2026, Serbia has kept the dinar tightly range-bound against the euro through active National Bank of Serbia intervention and strong foreign exchange inflows. With reserves…
Serbia’s 2026 money growth stays in check as liquidity management offsets FX and fiscal injections
Serbia’s broad money (M3) is expanding at a mid-single-digit annual pace in early 2026, while the National Bank of Serbia continues sterilization to prevent liquidity from…
Serbia’s disinflation is stabilizing headline inflation, but a sticky core keeps rates higher for longer
Serbia’s inflation has settled within the central bank’s target range, but core inflation remains elevated around 4% as services and wage-linked costs adjust more slowly. For…
Serbia keeps policy rates at 5.75% as monetary stance shifts from tightening to stability
The National Bank of Serbia has held its benchmark rate at 5.75%, with a wider interest corridor, as inflation stays within the target range and the…