Current Account in Kosovo
Kosovo - Current Account (billions of Euros)Data for the third quarter suggests that the economic recovery continued, albeit at a somewhat softer pace compared to the prior quarter. Growth in remittances remained elevated on average in the period, but consumer loan growth swung to contraction. Moreover, price pressures more than doubled in the quarter compared to Q2, likely denting household spending. Turning to Q4, inflationary pressures intensified further in October. More positively, growth in goods imports picked up steam in the same month, pointing to firming domestic demand. Meanwhile, the IMF concluded its Article IV mission in the country on 5 November. The Fund applauded the government’s vaccine program and noted that continued domestic credit expansion and fiscal policy loosening will drive growth next year. On the other hand, it stated that the government should aim for more pro-growth spending.
Kosovo - Current Account (EUR bn) Data
|Current Account Balance (EUR bn)||-0.5||-0.5||-0.3||-0.5||-0.4|
5 years of economic forecasts for more than 30 economic indicators.
Kosovo Current Account (EUR bn) Chart
|Bond Yield||4.74||0.0 %||Nov 30|
|Exchange Rate||1.12||0.65 %||Dec 31|
|Stock Market||0.1||0.0 %||Jan 07|
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