EM Macro and Politics Nov 17

Serbia - NBS ups 2021 GDP growth forecast to 6.5%-7%, sees growth at 4%-5% in 2022

SouthAfrica - Consumer inflation remains stable at 5.0% y/y in October

Brazil - Analysts continue to expect 150-bp hike in Dec as IPCA forecasts raised further

Indonesia - State budget deficit rises to 3.29% of GDP in Jan-Oct

Pakistan - SBP brings forward MPC meeting to Nov. 19 over ‘unforeseen developments’