GLOBAL & REGIONAL DAILY (Wednesday 13, November 2019)
November 13, 2019
Investors adopt a cautious stance in early trade today ahead of US President Donald Trump’s decision on whether he will impose higher tariffs on cars and auto parts imported into the US.
According to the commercial transactions data (source: ELSTAT), the growth rate of exports of goods (in current prices) decelerated to 2.4 YoY% in Jan-Sep 2019 from 16.9 YoY% in the respective period of 2018.
Serbia: CPI decelerated to a new record low of 1.0% YoY in October from 1.1% YoY in the previous month. On the fiscal front, Serbia’s government adopted the 2020 draft budget envisaging a central government budget deficit of 0.3% of GDP and a general government budget deficit of 0.5% of GDP.
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