Serbia inflation rate climbs up in December

Photo by Niyazz/Shutterstock.com
The annual inflation rate in Serbia rose to 1.9% in December, its highest level since May, from 1.5% in the previous month the Serbian Statistical Office (SORS) said on January 13.
Photo by Niyazz/Shutterstock.com
Prices increased for housing and utilities (2.9%), namely electricity, gas and other fuels (3.4%). Cost for alcoholic beverages and tobacco rose by 5.3%, while prices for food and non-alcoholic beverages added 2%.
In addition, cost for recreation and culture went up by 2.2% and transport prices advanced 0.4% On a monthly basis, consumer prices went up 0.5%, after increasing 0.2% in the preceding month, SORS said.
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.