Serbia: Economic sentiment deteriorates in January
Latest reading: Economic sentiment fell to 102.2 in January from December’s 106.3. January’s result marked the weakest sentiment since May 2024. Consequently, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected declining sentiment in the industrial, construction, services and retail sectors. That said, consumer confidence improved in January.
Relating to indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index increased in January.