Serbia's Domestic Producer Prices Growth Slow in August

Figures

Photo by Robert Petrovic / Shutterstock.com

Serbia's industrial producer prices on the domestic market rose by 17% on a yearly comparison basis in August, after growing by an annual 19.8% the month before, the Belgrade-based Central Statistical Office (SORS) said on Monday.

Producer prices of manufacturing increased the most, 20.8% annually in August vs 24.8% in July, while producer cost of mining advanced 11% vs. 11.7% in the prior month.

Output prices for utilities added 2.1% year-on-year after zero in July.

On a monthly comparison basis, the domestic market industrial producer price index (PPI) decreased by 1.7% in August after adding 1.1% in July, as output prices of utilities went up 2.1% on month.

ADVERTISEMENT

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga Analysis

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

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.