GDP went up by 3.5% y/y in Q1 2016
Serbia’s GDP, including changes in inventories and net acquisition of valuables, increased by a real 3.5% y/y and totalled RSD 749.4 bln in Q1 2016, according to preliminary data of the Statistical Office of the Republic of Serbia (SORS).
Final consumption grew by 1.2% y/y to RSD 707.9 bln. Gross capital formation rose by 7.9% on the year to RSD 136.0 bln. Exports and imports also grew, by 11.5% and 4.7% y/y, respectively.