Izvor: N1 televizija, 04.Jul.2018, 21:07 (ažurirano 02.Apr.2020.)
Investments rise, production slows in Serbia
Investments have continued growing but Serbia’s industrial production is slowing down, economy expert Ivan Nikolic warned on Wednesday.
“Investments continued growing in May as did exports but the growth of industrial production has slowed down,” he said at a presentation of the Macroeconomic Analyses and Trends (MAT) monthly magazine.
Exports are growing faster than imports, he said. “The high level of hard currency income means that the country’s foreign currency >> Pročitaj celu vest na sajtu N1 televizija << reserves are growing and the Serbian National Bank (NBS) has bought as much hard currency in June as it did in all of 2017 to ease the excessive daily changes in the exchange rate,” Nikolic said.
According to preliminary data, the budget surplus is rising and stood at around 30 billion Dinars (aboout 255 million Euros) in May, he said and added that record low inflation of 0.8 percent was registered in that month.
MAT Coordinator Stojan Stamenkovic said that industrial production recorded a rise of just 0.5 percent and the processing industry of just 1.6 percent in May which he said “is a serious problem”.
“The processing industry recorded a growth of just 3.9 percent between January and April instead of the planned five to six percent,” he said.
Stamenkovic said that exports were rising at a rate of 5.1 percent and imports at a rate of 2.8 percent.
