Serbia Inflation Close to 3-year Low in May
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The annual inflation rate in Serbia fell to 4.5% in May from 5% in the previous month, marking the lowest reading since August 2021, the Belgrade-based Central Statistical Office (RBS) said on Wednesday.
Prices increased for: food & non-alcoholic beverages (by 1.3%), clothing & footwear (by 5%), housing & utilities (by 5.6%), furnishings & household equipment (by 5%), health (by 6.8%) and restaurants & hotels (by 9.4%).
Additionally, costs rose for alcoholic beverages, tobacco & narcotics (8.7%), transport (4.5%) and miscellaneous goods & services (3.7%).
On a monthly basis, consumer prices added 0.4%, following a 0.7% increase in April.
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