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Serbiaʼs annual inflation slows in September

Serbiaʼs consumer prices rose by 1.8% year-on-year in September, after growing by 1.9% in August, the Belgrade-based Central Statistics Office (SORS) said in a statement on Monday.

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In annual terms, the cost of communications increased 5.6%, while prices of alcoholic beverages, tobacco, as well as recreation and culture rose by 5.3%, respectively.

In addition, cost for food and non-alcoholic drinks went up by 3.5%. On a monthly comparison basis, consumer price index (CPI) fell by 0.5% in September, after decreasing 0.1% in August.

In monthly terms, the prices of communications went up 0.9%, followed by the prices of transport, healthcare and education with 0.1% growth each in September, the statistics office said.