Serbia GDP Growing

Serbia’s gross domestic product grew in real terms and year-on-year by 1.3% in the second quarter, Beta reported, citing the state Statistical Office. Relative to the first quarter of the year, the non-seasonal growth of GDP in the second quarter was 0.5%, while the first quarter of 2017 GDP increased by 1% relative to the same period in 2016, the Statistical Office announced on Thursday. Gross added value grew in motor vehicle wholesale, retail and repair, transportation and accommodation and food, water supply and wastewater management, state administration and mandatory social insurance, education, health and social protection, while it declined in the agricultural sector, forestry, fishing and construction.