Momirovic: Serbian four-month exports up by 13 pct, imports slightly down

BELGRADE - The Serbian economy is seeing a continued and strong trend of growth, as indicated by a 13 pct increase of exports in the first four months of this year, with imports slightly down, Minister of Internal and External Trade Tomislav Momirovic said on Monday.

"I want to point out that not every decline of imports is good for the economy because, on one hand, imports, too, are an indicator of growing economic activity. Our economy is showing a clear trend of growth and progress," Momirovic said.

He said he expected the trend to continue in the months to come as inflation declined.