Serbia inflation rate climbs in January

Figures

Serbia's consumer prices rose by 8.2% year-on-year in January, after increasing by 7.9% the month before, the Belgrade-based Central Statistical Office (SORS) said on Tuesday.

It was the highest reading since July of 2013 as consumer prices advanced for food & non-alcoholic beverages (13.5%); alcoholic beverages and tobacco (6.6%) recreation & culture (4.3% vs 3.6%); and communication (1.2%).

In addition, prices also rose for restaurants & hotels by 6.2%; furnishings, household equipment and routine household maintenance by 5.5%; and for health by 3.2%.

Cost for housing & utilities added 5.5% and transport prices grow 13.1%.

On a monthly basis, consumer prices rose 0.8%, following a 0.4% uptick in December.

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