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Serbia’s GDP, including changes in inventories and net acquisition of valuables, increased by a real 2.8% y/y and totalled RSD 3,210 bln in 2016, according to preliminary data of the Statistical Office of the Republic of Serbia (SORS).
Final consumption inched up by 1.1% y/y to RSD 2,931 bln. Gross capital formation rose by 4.9% on the year to RSD 634.3 bln. Exports and imports also grew, by 11.9% and 6.8% y/y, respectively.