Serbia registering stable macroeconomic results, March inflation at 2.8 pct - council

BELGRADE - Serbian PM Djuro Macut chaired on Friday a session of a council coordinating activities and measures for GDP growth, at which it was noted that Serbia continued to register stable macroeconomic results and that March inflation had been at 2.8 pct.

The council assessed macroeconomic and other key challenges and reviewed current economic indicators and further priorities of the economic policy.

"It was noted at the session that Serbia continues to record stable macroeconomic results, and that year-on-year inflation in March stood at 2.8 pct, confirming maintained price stability within the target band.

The average net salary in January reached 1,009 euros, with real growth of 7.6 pct year-on-year, while positive trends are also visible in other sectors – tourism recorded a 12.1 pct increase in overnight stays, while manufacturing rose by 1.2 pct compared to the same period last year," a government statement said.

"It was emphasised at the session that particular attention has been devoted to addressing challenges in the transport sector, in order to improve the efficiency of logistics and supply chains and reduce operating costs for export-oriented businesses.

In the coming period, the main focus will remain on further improving the citizens’ living standards, strengthening the industrial base and accelerating investment, while preserving macroeconomic stability," it also said.