Serbia inflation rate rises in August

Figures

The annual inflation rate in Serbia accelerated to 4.3% in August from 3.3% in the previous month, data released by the Belgrade-based Central Statistical Office (SORS) showed on Monday.

It was the highest inflation since September of 2013, with main upward pressure coming from prices of food & non-alcoholic beverages (5.2%); housing & utilities (5.2%); alcoholic beverages & tobacco (5.5%).

Meanwhile, inflation in the transport sector remains high, although it slowed from July (9.2% vs 9.5%). On a monthly basis, consumer prices went up 0.9%, following a 0.2% gain in July. 

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