Serbia: Economic sentiment increases in March
Latest reading: Economic sentiment increased to 95.3 in March, following February’s 95.0. The latest reading was below the long-term average of 100, pointing to a muted near-term outlook for the economy.
In March, sentiment brightened in the services sector (+1.2 vs -0.6 in February) and the retail sector (+12.1 vs +2.9 in February). However, sentiment darkened in the industrial sector (-1.1 vs -0.5 in February), the construction sector (-5.3 vs -3.9 in February) and among consumers (-4.5 vs -2.5 in February).