Serbia inflation rate accelerates in November

Figures

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The annual inflation rate in Serbia climbed to 7.5% in November from 6.6% in the previous month, data released by the Belgrade-based Central Statistical Office (SORS) showed on Monday.

It was the highest reading since July of 2013. Consumer prices for food & non-alcoholic beverages increased 11.4%, while cost for transport rose by 13.8%.

In addition, prices for housing & utilities added 6.9% while prices for furnishings, household equipment went up 7%.

Cost for alcoholic beverages & tobacco added 6%, prices for restaurants & hotels went up by 5.1% and prices for clothing and footwear gained 1%.

On a monthly basis, consumer prices edged up 0.9%, same as that in the previous month. 

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