Unemployment in Serbia
Serbia - UnemploymentThe 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 - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Serbia Unemployment Chart
Source: Statistical Office
|Bond Yield||3.05||0.0 %||Dec 31|
|Exchange Rate||104.9||-0.31 %||Jan 01|
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June 11, 2021
Consumer prices rose 0.50% over the previous month in May, moderating from the 1.10% rise recorded in April.
June 10, 2021
At its 10 June meeting, the Executive Board of the National Bank of Serbia left the key policy rate unchanged at its all-time low of 1.00%.
May 31, 2021
Industrial output grew 33.9% year-on-year in April (March: +6.1% yoy).
May 31, 2021
The economy performed better than previously estimated in the first quarter, with GDP expanding 1.7% year-on-year (previously reported: +1.2% yoy) and swinging from a 1.0% contraction in the fourth quarter of last year.
May 13, 2021
Consumer prices increased 1.10% in April over the previous month, accelerating from the 0.50% rise recorded in March.