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Serbia Economy Report Q2 2016

Serbia’s GDP, including changes in inventories and net acquisition of valuables, increased by a real 2.0% y/y and totalled RSD 790.4 bln in Q2 2016, according to preliminary data of the Statistical Office of the Republic of Serbia (SORS).

Final consumption grew by 2.0% y/y to RSD 717.7 bln. Gross capital formation rose by 4.9% on the year to RSD 166.6 bln. Exports and imports also grew, by 10.0% and 12.3% y/y, respectively.

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