Serbia inflation rate rises near to 12% in June

Figures

Photo by noppawan09/Shutterstock.com

Serbia's annual inflation rate climbed to 11.9% in June from 10.4% in the previous month, the Belgrade-based Serbian Statistical Office (SORS) said in a statement on Tuesday.

Prices for prices of food and non-alcoholic beverages rose 18.8% (vs 16% in May), and those for housing and utilities added 7.7% (vs 6.7%).

Meanwhile, cost for transportation jumped by 18% (vs 15.7%).

Additional upward pressure came from furnishings and household maintenance by 10.8% (vs 10.1%), recreation and culture by 6% (vs 5.9%); and clothing and footwear by 4.7% (vs 3.7%).

On a monthly comparison basis, consumer prices went up by 1.6%, advancing from a 1.2% rise in the prior month.

ADVERTISEMENT

Sharp Rise in Energy Costs Putting Strain on Competitiveness Analysis

Sharp Rise in Energy Costs Putting Strain on Competitiveness

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Danubius Hotels Appoints Group Director of Development Appointments

Danubius Hotels Appoints Group Director of Development

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim... City

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim...

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.