Serbia inflation lowest since April 2018

Figures

Serbia’s average consumer prices rose by 1.1% year-on-year in September, after growing by 1.3% in August, data from the Serbian Statistical Office (SORS) showed Friday. It is the lowest rate of inflation since April 2018.

Costs slowed for food and non-alcoholic beverages (up 1%, from 1.3% in August); alcoholic beverages and tobacco (up 5%, from 5.1%); recreation and culture (up 1.8%, from 2%); health (up 2%, from 2.1%); miscellaneous goods and services (up 1.2%, from 1.4%), and education (up 0.3%, from 0.4%).

Prices fell even further for transport (down -0.8%, from -0.1%), and clothing and footwear (down -1.3%, from -0.9%).

On the other hand, costs rose faster for housing and utilities (up 1.5%, from 1.3% in August); communications (up 1.2%, from 0.5%); furniture and household equipment (up 1.1%, from 1%), and restaurants and hotels (up 2%, from 1.3%).

On a monthly basis, consumer prices went down 0.5%, after showing no growth in August, SORS said.

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.

Support the BBJ

Statistics