real GDP

Serbia Growth Accelerates in Q1 2026, but Investment Momentum Remains Weak

Serbia recorded stronger economic growth in the first quarter of 2026 compared with the previous quarter, although underlying investment activity remained subdued, indicating a recovery driven primarily by consumption and services rather than capital formation. Real GDP increased by 3.2% year-on-year in Q1 2026, up from 2.2% in Q4 2025, while seasonally adjusted GDP rose only 0.2% quarter-on-quarter, highlighting limited sequential momentum. Domestic demand leads expansion while investment lags The main driver of growth was household spending. Private consumption increased…