Serbia's GDP growth accelerates to 3% in Q1 2011 - flash estimate.

By bne IntelliNews May 4, 2011
Serbia's economy grew by 3% y/y in the first quarter of 2011 speeding up from 1.7% in the previous quarter, according to a flash estimate of the statistics office. We recall that the central bank forecast first-quarter GDP rise at 2.4%. IntelliNews comment : We note that the economy is expected to expand by 3% y/y in 2011 up from 1.8% last year, as this year's growth will be driven by a moderate recovery of domestic demand and continued increase in exports on the back of recovery of external demand.

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss