12.01.202611:19:05UTC+00Serbia Central Bank Holds Key Rate at 5.75%

The National Bank of Serbia has decided to maintain its benchmark interest rate at 5.75% during its initial policy meeting of 2026. Additionally, the deposit and lending facility rates remain consistent at 4.5% and 7.0%, respectively. By the close of 2025, inflation had settled slightly below the central target of 3% (±1.5%) and is anticipated to remain close to the target in the near future. Last year, the domestic economy experienced moderate growth, with real GDP increasing by 2%, fueled by strong performance in the services and industrial sectors, especially the automotive industry. Looking forward, GDP growth is projected to accelerate in 2026, driven by consumption, fixed asset investment, and the "Leap into the Future – Serbia Expo 2027" initiative. Amid global uncertainties and geopolitical tensions, the central bank plans to maintain a cautious monetary policy to support growth, exports, and financial stability.