Unemployment in Serbia
Serbia - UnemploymentThe economy likely gained traction in the second quarter after its disappointing performance in the first quarter. FDI rose at a strong pace in H1, while merchandise export growth picked up in April–May. On the downside, however, industrial production declined in the same period, amid a feeble automotive sector and a period of factory maintenance, while EU-imposed steel import quotas could further stymie a weak mining sector in the short-term. In an effort to help spur growth moving forward, the government recently announced plans to issue euro-denominated bonds over the coming months to fund investment. Meanwhile, on 17 July the IMF completed its second review of Serbia’s Policy Coordination Instrument—a non-financial reform program—and commended Serbia on achieving greater macroeconomic stability and fiscal discipline.
Serbia - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Serbia Unemployment Chart
Source: Statistical Office
|Bond Yield||3.15||0.0 %||Jul 31|
|Exchange Rate||106.3||-0.31 %||Jul 31|
|Stock Market||1,565||-0.44 %||Jul 31|
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July 31, 2019
Industrial production fell 6.1% over the same month a year prior in July, falling at a much quicker pace than the 0.6% dip registered in May, and marking the sector’s worst performance in four years.
July 15, 2019
According to the Statistical Office of the Republic of Serbia, consumer prices fell 0.3% over the previous month in June, matching the fall registered in May.
July 11, 2019
At its 11 July monetary policy meeting, the executive board of the National Bank of Serbia (NBS) voted to cut the key policy rate to a new record low of 2.75% from 3.00%, where it had been for over one year.
June 28, 2019
Industrial production fell 0.6% over the prior year in May, following the 0.8% decline recorded in April.
June 12, 2019
According to the Statistical Office of the Republic of Serbia, consumer prices fell 0.3% over the previous month in May, contrasting the 0.7% increase registered in April.