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Economist suggests Serbia should become majority owner of NIS to address U.S. sanctions

Economist Ljubodrag Savić commented on the recent U.S. sanctions imposed on the Serbian oil company, Naftna Industrija Srbije (NIS), suggesting that the best solution...

Serbia’s consumer prices rise 4.3% in December 2024

In December 2024, consumer prices in Serbia rose by 4.3% compared to the same month the previous year, according to the Republic Statistical Office...

Serbia and Jiangsu province discuss strengthening economic ties

Serbian Minister of Economy, Adriana Mesarović, held discussions with the Secretary of the Communist Party of China's Jiangsu Province and Chairman of the Standing...

Producer prices for agriculture and fisheries increased by 5% in November 2024

In November 2024, producer prices for agricultural and fishery products increased by 5% compared to the same month last year, according to the data...

Serbia’s foreign exchange reserves hit record 29.29 billion euros in December 2024

At the end of December 2024, the gross foreign exchange reserves of the National Bank of Serbia (NBS) reached a record high of 29.29...

“Best Price” campaign shows limited impact on inflation

The "Best Price" campaign, aimed at reducing or slowing down the price growth of 86 categories of basic foodstuffs, showed mixed results according to...

Serbia faces wheat seed shortage while milling sector thrives despite challenges

In 2024, approximately 580,000 hectares in Serbia were planted with wheat, but only half of these were sown using certified seeds, according to data...

NBS reports 29.5% increase in instant payments in Q3 2024

In the third quarter of 2024, the National Bank of Serbia's (NBS) instant payment system processed 21.7 million transactions, marking a 29.5% increase compared...
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