BMI View: Real GDP growth will slow in Serbia as the new government resumes an ambitious austerity
agenda, which will act as a constraint on domestic demand growth in terms of private consumption and
retail sales. Although modest, Serbia's recovery will remain on tr ..."
BMI View: The Serbian economy will continue to recover from the 2014 recession in the coming two years,
aided by Prime Minister Aleksandar Vucic's credible market-friendly and structural reform of the public
sector, along with the prospects of EU accession providing a ..."
BMI View: Our outlook for Serbia is steadily improving as the government takes divisive action to
implement structural and fiscal reforms. We believe this will lessen Serbia's exposure to global economic
fluctuation, lower the unemployment rate and help support growth ..."
BMI View: Global economic fluctuations, changing consumer demographics and poor governance foster a
poor retail outlook for Serbia where high unemployment persists and suppressed household incomes
continue to lag behind regional averages in the CEE. Past 2016, however ..."
BMI View: Serbia, one of the poorest countries in Europe, will struggle catch up with the rest of CEE in the
first half the forecast period. Despite some significant gains, unemployment will remain high. However,
household incomes will be recovering, especially after ..."
BMI View: Compared with the other countries in Central and Eastern Europe, Serbia has a relatively poor
economic growth outlook. A large budget deficit and increasing public debt made the government respond
with austerity measures, which will inevitably delay a faster ..."
BMI View: We expect that the Serbian retail sector will not begin to recover considerably in 2015 as the
country continues to face numerous economic problems. Total household spending is anticipated to grow at
stable rates in dinar terms; however, the appreciation of ..."
BMI View: The Serbian economy struggles to sustain a healthy growth rate as it is set to contract by 2.5%
in 2015 on the back of falling exports and decreasing household spending. The outlook for the retail sector
is equally negative for the first half of BMI's forecast period: ..."
BMI View: Serbia's retail market continues to struggle with sluggish GDP growth and a declining work
force. In BMI's Central and Eastern Europe Retail Risk/Reward Ratings, Serbia comes in eleventh and last
place amongst its neighbours. Serbia's short-term growth prosp ..."
BMI View: The retail market in Serbia continues to struggle in the short term, although medium term
growth reveals opportunity for later investment. The country comes second to last out of 11 countries in
BMI's Central and Eastern Europe Retail Risk/Reward Ratings, hi ..."