BELGRADE Feb 22 Growth in Serbia's economy is
expected to pick up to 3.5 percent next year as exports and
investments in infrastructure projects rise, the central bank
said in a quarterly report.
The bank held its 2017 growth forecast at 3 percent.
Higher employment and increased wages in the private sector
should also boost growth, the bank said.
It said it expected inflation to remain within its target
range of between 1.5 and 4,5 percent this year, and that future
monetary policy decisions would mainly depend on influences from
Last week the central bank kept its benchmark interest rate
at 4 percent despite low inflation and a stable dinar currency,
citing persistent global uncertainty and a spring presidential
election at home.
(Reporting by Ivana Sekularac; editing by John Stonestreet)