Experts Club Information and Analytical Center has analyzed the dynamics of industrial production in Serbia and its growth trends in Serbia in recent years. At the beginning of 2025, industrial production in Serbia shows a slowdown in growth compared to the previous year. According to Trading Economics, in January 2025, industrial production increased by 0.4% in annualized terms, but in February it recorded a decrease of 1.8% compared to the same period in 2024.
In 2024, industrial production in Serbia showed positive dynamics. In December 2024, growth amounted to 2.7% in annual terms, which was the result of a 9.9% increase in production in the extractive industry and a 5.6% increase in manufacturing.
In order to understand the current trends, let us look at the changes in industrial production in Serbia in recent years, based on the analysis of data collected by the Experts Club for the period from 2000 to 2024.
2000: growth by 10.2%
2001: growth by 1.5%
2002: growth by 1.7%
2003: 3.5% growth
2004: 7.1% growth
2005: 0.8% growth
2006: 4.7% growth
2007: 4.9% growth
2008: increase of 1.1%
2009: decrease of 12.1%
2010: increase of 2.5%
2011: increase of 2.1%
2012: decrease of 1.5%
2013: increase of 5.5%
2014: decrease of 6.5%
2015: increase of 8.3%
2016: growth of 4.7%
2017: increase of 3.9%
2018: growth of 1.3%
2019: increase of 0.3%
2020: decrease of 1.0%
2021: increase of 6.0%
2022: increase of 1.9%
2023: increase of 5.8%
2024: 3.1% growth
The data reflect fluctuations in Serbia’s industrial production over the last 25 years, with periods of both growth and decline. For the last 4 years, industrial production in Serbia has been growing steadily.
Experts Club Information and Analytical Center has analyzed the inflation rate and its trends in Croatia in recent years. In 2025, inflation in Croatia shows a downward trend after the peak values of previous years. According to Eurostat, in March 2025, annual inflation amounted to 3.2%, down from 3.7% in February and 5.0% in January .
The decline in inflation is due to several factors.
Stabilization of energy prices: after sharp fluctuations in previous years, energy prices have started to stabilize, which has reduced pressure on the overall price level.
Moderate increase in food prices: despite the continuing impact on inflation, the rate of increase in food prices has slowed down.
Slowdown in service price increases: the services sector has seen a reduction in inflationary pressures, which has also contributed to the overall decline in inflation.
According to the European Commission’s forecasts, inflation is expected to fall further to 2.9% in 2025 and 2.2% in 2026.
To understand current trends, it is important to look at Croatia’s inflation rate in recent years.
2021: 2.7%
2022: 10.7%
2023: 8.4%
2024: 4,0%
These data suggest that after a significant increase in inflation in 2022, associated with global economic turmoil, Croatia is gradually returning to a more moderate rate of price growth .
Taras Kachka, Deputy Minister of Economy and Trade Representative of Ukraine, notes that the investment fund of Ukraine and the US, which will be created within the framework of the agreement on minerals, will have the right to invest both in the development of deposits and in infrastructure projects: road, port, energy.
“This fund as a financial instrument will have the privileged right to invest in a wide range of facilities in Ukraine as soon as there are investment opportunities for it,” Kachka, who is leading the Ukrainian negotiating delegation, said on the air of a national telethon.
“First of all we are talking about minerals, …. but we are also interested in American investments in infrastructure…. By no means does this mean that we are talking a priori about transferring (infrastructure) directly to the fund. … It is only about us giving this fund the opportunity to invest in projects and … create conditions for earning money in favor of Ukraine and the American people,” Kachka explained.
Regarding the so-called debt of Ukraine, Kachka emphasized that “it is necessary to clearly and unambiguously deny … we are not talking about any new debt or transformation of the previous aid into debt, i.e. there is no logic of debt obligations in the proposals of the USA and, accordingly, in the proposals of Ukraine…. it is about… how much both the US and Ukraine want to earn from investments in Ukraine.”
He said that next week there will still be talks and “certain positive news” regarding military aid from the US.
On April 24, the two negotiating teams will continue talks in Washington on the agreement. In a memorandum, Kachka said, they agreed to report back on what was achieved on April 26.
Short-term rain and thunderstorms are expected in some places in the western regions of Ukraine on Sunday, April 20, while in other regions there will be no precipitation. According to the Ukrainian Hydrometeorological Center, the wind is expected to be southeast on Sunday, southwest in the west, 5-10 m/s. The temperature at night will be 6-11°, during the day 19-24°, in the Carpathians and on the coast 13-18°.
No precipitation in Kyiv on April 20. The temperature at night will be 9-11°, during the day 22-24°.
According to the Borys Sreznevsky Central Geophysical Observatory, since the beginning of meteorological observations in Kyiv in 1881, the highest temperature on April 20 was recorded at 28.5° Celsius in 1943, and the lowest – 2.1° Celsius in 1987.
On Monday, April 21, it will be mostly without precipitation in Ukraine, with only short-term rain and thunderstorms in the southeast of the country in the afternoon. Wind of variable directions, 3-8 m / s. The temperature at night will be 8-13°, during the day 19-24°, in the Carpathians and on the coast 15-20°. In Kyiv on April 21, no precipitation, temperature at night 9-11°, during the day 22-24°.
Canadian Prime Minister Mark Carney said China is one of the biggest threats to the country in terms of foreign interference and geopolitics, and criticized Beijing for partnering with Russia in the war against Ukraine, according to a Reuters report.
During Thursday night’s election debate, Carney called China the biggest threat to Canada’s security. At a news conference in Niagara Falls on Friday, he emphasized the need to counter outside interference from China.
Carney also said China’s collaboration with Russia in the war against Ukraine poses a threat to all of Asia, especially Taiwan.
“We are taking measures to address it,” he said.
The Chinese Embassy in Ottawa did not comment on the statement. Carney’s Liberal Party is leading in the polls ahead of the April 28 parliamentary election.
In addition, Canada remains embroiled in a trade standoff with the U.S., responding with duties on U.S. restrictions on Canadian cars, steel and aluminum.
Carney stressed that Canada has no plans to respond dollar-for-dollar, but recognized the restructuring of the global trading system.
The State Protection Directorate (SPD) of Ukraine on April 18 announced a tender for the purchase of voluntary motor vehicle insurance (hull insurance) services, according to the Prozorro electronic public procurement system.
The expected cost of the purchase of services is UAH 2.653 million. The security of the tender offer is not required. The deadline for submission of bids is April 28. The winner of a similar tender a year earlier was IC “Ultra Alliance”.
