Country Economic Forecasts - Serbia
Preliminary Q4 2021 GDP data showed a strong 6.9% y/y rise – significantly above the 4.9% we expected – and with other data revisions took full-year growth to 7.5% from 6.7% that we saw previously. We expect the robust recovery to continue in 2022 with expansion of 6.2%, supported by private consumption, exports and construction.
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