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Serbia's annual inflation rate growth slows to 1.5% in June

Author Radomir Ralev
Serbia's annual inflation rate growth slows to 1.5% in June Source: EPS

BELGRADE (Serbia), July 12 (SeeNews) - Serbia's average annual consumer price inflation slowed to 1.5% in June, from 2.2% in May, official statistics show.

On a monthly comparison basis, Serbia's consumer price index (CPI) fell by 0.3% in June, after decreasing by 0.3% in May, according to figures published on the website of the national statistical office.

Prices of recreation and culture grew by 3.1% month-on-month in June, while education costs rose 0.3%.

Prices of food and non-alcoholic beverages declined by 1.0% in June.

Serbia's average annual consumer price inflation slowed to 2.0% last year from 3.0% in 2017.

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