Inflation rate in Serbia should amount to 11.3 percent this year, while it should be significantly reduced in 2012, slowing down to four percent, says the IMF September 2011 World Economic Outlook (WEO) that can be found on the IMF website.
When it comes to neighboring countries, the IMF predicts a very modest gross domestic product (GDP) growth for Croatia of only 0.8 percent in 2011 and of 1.8 percent in 2012, while consumer prices should grow by 3.2 and 2.4 percent for the respective years.
A three per cent economic growth this year and a 3.7 percent in the next are expected for Macedonia, while the country’s respective inflation rates are projected at 4.4 percent and two percent.
The projection for Montenegro points to a two percent GDP growth in 2011 and a 3.5 percent one in 2012, and to respective inflation rates of 3.1 percent and two percent.
The IMF projections say that Bosnia-Herzegovina should see a 2.2 percent economic growth this year and a three percent one in the next, while consumer prices are expected to increase by four and 2.5 percent for the respective years.
The analysis and projections given are part of the IMF projection for the 14 European developing economies.
