Central bank expects low inflation, and 4 percent GDP growth

The National Bank of Serbia (NBS) has adjusted its GDP growth in 2018 from 3.5 to four percent, governor Jorgovanka Tabakovic has said.

Izvor: Beta

Thursday, 16.08.2018.

10:12

Central bank expects low inflation, and 4 percent GDP growth
(Tanjug, file)

Central bank expects low inflation, and 4 percent GDP growth

According to the central bank, GDP growth in 2019 will be 3.5 percent, as projected previously.

Tabakovic stressed that she considered low inflation becoming Serbia's normal as the greatest achievement of her previous six-year term, specifying that it had gone down from 12.9 percent in 2012 to 2.2 percent in under a year.

"Five years running inflation is low, stable, predictable and on a par with inflation in European countries. In July, it was 2.4 percent. The central bank believes inflation will continue to be low in future," Tabakovic said.

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