Serbia's inflation slows to 1.9% in January

Serbia's inflation slows to 1.9% in January Source: bibiphoto/shutterstock.com

BELGRADE (Serbia), February 23 (SeeNews) - Serbia's average annual consumer price inflation slowed to 1.9% in January from 3.0% in December, the national statistical office said on Friday.

On a monthly comparison basis, Serbia's consumer price index (CPI) rose by 0.3% in January after remaining unchanged in December, the statistical office said in a monthly inflation report.

Prices of recreation and culture services rose 1.8% month-on-month in January, while prices of food and non-alcoholic beverages went up 1.0%.

In January, a 0.3% price increase on a monthly comparison basis was recorded in the sector of transport, while prices of education and healthcare services grew 0.1%.

Prices of clothing and footwear fell 2.0% month-on-month in January.

The country's annual consumer price inflation quickened to 3.0% in 2017 from 1.2% in 2016.

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