NBS revises GDP growth forecast up to 4.2% – Inflation to remain within target tolerance band

Source: Beta Monday, 19.11.2018. 08:51
Comments
Podeli
Illustration (Photo: wrangler/shutterstock.com)Illustration
The National Bank of Serbia (NBS) announced yesterday that it had revised up its GDP growth forecast for 2018 to 4.2% from 4% and that inflation was expected to remain low and stable, moving in the target tolerance band in the next two years as well.

The NBS has kept the GDP growth forecast for 2019 unchanged at 3.5%.

Zeljko Jovic, the Vice-Governor of the NBS, said at the presentation of the Inflation Report that y-o-y inflation was within the target tolerance band, measuring 2.2% in October, and that it would be moving within the target tolerance band of 3.0±1.5% until the end of the projection.


He pointed out that the share of NPLs in total loans was cut to 6.4% in September, which is their lowest level since 2008.

– Looking ahead, price and financial stability, as well as continued support to the economic policy of the Government, remain our priorities – Jovic said.
Comments
Your comment
Full information is available only to commercial users-subscribers and it is necessary to log in.

Forgot your password? Click here HERE

For free test use, click HERE

Follow the news, tenders, grants, legal regulations and reports on our portal.
Registracija na eKapiji vam omogućava pristup potpunim informacijama i dnevnom biltenu
Naš dnevni ekonomski bilten će stizati na vašu mejl adresu krajem svakog radnog dana. Bilteni su personalizovani prema interesovanjima svakog korisnika zasebno, uz konsultacije sa našim ekspertima.