Tag Archives: Inflation

Inflation in Euro Zone Reaches 2.8 % in April

Inflation in Euro Zone Reaches 2.8 % in April

Inflation rose in the 17-member Euro zone to the highest since 2008, reaching 3.2%. Continue reading

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Standard: The Fall of Everything that Can Fall

Retail sale in March of this year compared to March the previous year had in real terms declined by 14 percent, and a cumulative decline in three months of ten percent.

Retail sale in March of this year compared to March the previous year had in real terms declined by 14 percent. Continue reading

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IMF: Inflation to be 9.9% in Serbia this Year

IMF: Inflation to be 9.9% in Serbia this Year

The inflation rate in all the other countries of the Western Balkans in 2011 will be perceptibly lower than in Serbia and will be moving in a range of 2% in Montenegro, 3.5% in Croatia, 5% in BiH, and 5.2% in Macedonia. For Slovenia a 2.2% inflation is projected. Continue reading

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EC: Unemployment in Serbia Reaches 20 Percent

EC: Unemployment in Serbia Reaches 20 Percent

The European Commission has published the latest assessment of economic recovery in the Western Balkans in which as one of the main problems is given unemployment, and the record-breaker in the region is Bosnia and Herzegovina with 42.7 percent of the unemployed being the working population. The unemployment rate in Serbia reached 20%, 11.8% in Croatia and is marking a considerable drop in relation to the previous period, while Macedonia last year had 32.1% unemployed citizens, Albania 13.7, Montenegro 12.1%. Continue reading

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Permanently Strong Dinar Not be Hoped for

Permanently Strong Dinar Not be Hoped for

The strengthening of the RSD against the Euro in the past period cannot be a long-term occurrence since there is no significant recovery of the Serbian economy behind it all. Continue reading

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Nenad Popovic: “Economy Never Had it Worse”

Estimates that we are out of the crisis can only be given by those who do not go out among the people. I never heard of anyone accuse Angela Merkel or Sarkozy that they are distancing their country from the EU by having the best possible cooperation with Russia.

Estimates that we are out of the crisis can only be given by those who do not go out among the people. I never heard of anyone accuse Angela Merkel or Sarkozy that they are distancing their country from the EU by having the best possible cooperation with Russia. Continue reading

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Eurostat: High Inflation in Eurozone

A dramatic situation on the financial markets in euro zone countries. Investors fear that the new victims of the debtor’s crisis could be Italy and Spain. The EU is giving more powers to its bail-out fund for euro zone members.

Eurostat, the EU’s Statistical Office, released that consumer prices had in the Eurozone been 2.6% higher than in the same month last year. This is the biggest rate since October 2008, and is significantly greater than the goal of Europe’s Central Bank of “nearly, but below 2%.” Continue reading

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Brick Growing Too Quickly

Member states of BRIC

China, Brazil and other economies, to be thanked for the global recovery, due to a high rate of economic growth, risk higher inflation. Continue reading

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Inflation to Breach Central Bank’s Projections

Inflation to Breach Central Bank’s Projections

We are entering 2011 with a high inflation of 11.2%, with adverse international trends, soaring food and energy prices, according to the Quarterly Monitor. Continue reading

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Milan Kovacevic: Growing Debts Threatening Stabiloity

Milan Kovacevic: Growing Debts Threatening Stabiloity

The overall debt level of Serbia is high and is a serious threat to overall stability too, so much so that we are going even deeper into debt, approximating the high indebtedness benchmark, or 80% of the GDP, assesses for Business Review an economist and expert on foreign investments, Prof Dr. Milan Kovacevic. Continue reading

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