Serbia: Economic sentiment improves in September
Latest reading: Economic sentiment rose to 107.7 in September from August’s 105.3. September’s result marked the strongest sentiment since December 2021. Consequently, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The increase was driven by healthier sentiment in the industrial and services sectors. However, sentiment in the construction and retail sectors waned. Moreover, consumer confidence weakened in September.
Regarding indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index improved in September.