Serb central bank cuts GDP forecast
Serbia’s economy will grow less than expected this year because of the deteriorating economic outlook in the euro area, its key trading partner, and subdued domestic demand, the Belgrade-based central bank said. Gross domestic product will expand 2% in 2013, compared with an earlier 2.5% forecast, the National Bank of Serbia said in its quarterly inflation report Wednesday. The key contribution will come from agriculture and industrial production. The economy expanded an estimated 1.9% in the first quarter, led exclusively by car industry and crude oil product exports.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.