economic transition

Serbia’s Central Bank Signals Transition into a More Complex Economic Cycle

The National Bank of Serbia has released its latest quarterly macroeconomic and inflation assessment, indicating that the country is entering a more intricate economic phase than the post-crisis recovery period. While inflation has been brought under control, banking sector stability remains intact, and foreign exchange reserves are supporting the dinar's stability, the broader macroeconomic landscape is becoming increasingly complicated. Factors such as global fragmentation, declining European industrial demand, and heightened geopolitical volatility are reshaping Serbia’s growth model. Central to the…