In Serbia, retail sales recorded a growth of 4.7 percent in May compared to May last year, says Deputy Prime Minister and Minister of Trade, Tourism and Telecommunications Rasim Ljajic, and states that foreign trade is lower by almost nine percent.
Ljajic told TV Pink that all supermarkets they spoke to were recording sales growth.
“What happened is more or less expected, people buy a certain range of products, they do not buy luxury goods. They go to restaurants less, they visit the supermarket more,” says Ljajić and states that at the same time the sale of clothes and furniture is significantly declining.
Ljajic says that exports are lower by 8.7 percent, and imports by 7.1 percent, and that the most important repair for us is the two key markets where we export the most, 23 percent of total exports, namely Germany and Italy.
We must, he says, follow what is happening and hope that, above all, those markets, as well as the entire EU market, will recover as soon as possible.
“Here you will have a crisis of production that will take place, we will have a crisis of placement and possibly a crisis of demand,” said Ljajic, adding that all hopes are focused on the fact that the aid package will enable the EU economy to recover as soon as possible, Nova reports.
