Serbia Producer Inflation Slows in March
Photo by noppawan09/Shutterstock.com
Serbia's industrial producer prices on the domestic market rose by 5.5% year-on-year in March, after growing by an annual 9.4% in February, the Belgrade-based Central Statistical Office (RBS) said on Wednesday.
Cost slowed for manufacturing (5.7% vs 10.6% in February), primarily due to a fall in coke & refined petroleum products (-15.8% vs 10.3%) and chemicals & chemical products (-0.8% vs 7.6%).
It also declined further for mining & quarrying (-15% vs -10.9%).
On the other hand, producer inflation accelerated slightly for water supply (11.8% vs 10.5%) and electricity, gas, steam & air conditioning supply (6.7% vs 6.6%).
On a monthly comparison basis, the industrial producer price index (PPI) on the domestic market decreased by 0.2% in March, after increasing by 0.4% in February.
Gov't Awards Over HUF 20 bln of Home Solar Panel Subsidies
Bulgaria's Household Income, Spending Rise 20% in 2023
Job Fair and Career Prep at Corvinus Starts Tomorrow
Spago Budapest Offering Unique Sunday Brunch Experience
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.
