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BELGRADE (Serbia), August 11 (SeeNews) - Serbia's annual consumer price inflation slowed to 3.2% in July from 3.6% in June, data from the national statistical office showed on Friday.
On a month-to-month basis, the consumer price index (CPI) declined 0.4% in July after edging up 0.2% in June, data published on the website of the national statistical office indicated.
Prices of food and non-alcoholic beverages declined by 2.0% month-on-month, while clothing and footwear costs fell by 1.1%.
On the other hand, the prices of in the sector of recreation and culture rose by 3.5%, while alcoholic beverages and tobacco prices grew by 2.8% on the month in July.
Serbia's central bank, NBS, said on Thursday the annual inflation rate in the country is expected to remain within the band of 1.5%-4.5%.
The country's annual consumer price inflation slowed to 1.2% in 2016, from 1.9% in 2015.