Serbia inflation rate climbs further in January

Photo by xtock/Shutterstock.com
The annual inflation rate in Serbia rose to 2.0% in January, its highest level since May, from 1.9% in the previous month, data from the Statistical Office of the Serb Republic (SORS) shows.
Photo by xtock/Shutterstock.com
Prices advanced for food and non-alcoholic beverages by 2.3%, as well as for alcoholic beverages and tobacco by 5.4% and for transport by 1.6%. Cost for transport added 1.6%, and the same for housing & utilities grow by 2.8%.
On a monthly comparison basis, the consumer price index grew by 0.6% in January, after rising by 0.5% in December, SORS said on February 20.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.