industrial recovery

Serbia Outlook for 2026 Shows Moderate Growth Amid Weak Industrial Recovery

Serbia’s macroeconomic outlook for 2026 indicates continued expansion driven by consumption and external trade, while industrial production and construction remain weak, according to the latest MAT June forecast and official data. Total industrial production is projected to increase by only 0.5% in 2026, while manufacturing is expected to decline by 1.0%. At the same time, retail trade is forecast to grow by 4.5% in real terms, goods exports by 7.0% in euro terms, and goods imports by 8.5%. Consumer price…