International Reserves in Serbia
Serbia - International ReservesThe economy should have shrunk at a softer pace in the third quarter amid the reopening of economies. Industrial production swung from a notable contraction in the second quarter to a solid expansion in the third. Moreover, retail sales grew at a solid pace in July–September, contrasting Q2’s drop. On the external front, merchandise exports continued to contract in the first two months of Q3, although at a noticeably softer pace compared to Q2. Similarly, the drop in tourist arrivals in July–August was less severe than the fall seen in the prior quarter. Meanwhile, a new government was installed on 29 October, but President Aleksandar Vucic stated in mid-October that a snap election would be held by 3 April 2022 at the latest. The new government will work towards EU membership, while strengthening the health care system and the economy in the wake of Covid-19.
Serbia - International Reserves Data
|International Reserves (EUR)||10.4||10.2||10.0||11.3||13.4|
5 years of economic forecasts for more than 30 economic indicators.
Serbia International Reserves Chart
Source: Statistical Office
|Bond Yield||3.05||0.0 %||Dec 31|
|Exchange Rate||104.9||-0.31 %||Jan 01|
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January 4, 2021
Industrial output decreased 1.4% in year-on-year terms in November, which contrasted October's 1.9% increase.
December 11, 2020
Consumer prices were unchanged from the prior month in November, after rising 0.10% month-on-month in October.
December 10, 2020
At its final meeting of the year held on 10 December, the Executive Board of the National Bank of Serbia opted to trim the key policy rate by 25 basis points to 1.00% from 1.25%.
December 2, 2020
Industrial output rose 1.9% compared to the same month a year earlier in October, which was a deterioration from September's 4.6% increase.
November 12, 2020
Consumer prices rose 0.1% month-on-month in October, swinging from the 0.5% drop recorded in September.