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Serbia's inflation speeds up to 12.8% y/y in July

Author Senad Dedeic
Serbia's inflation speeds up to 12.8% y/y in July Photo: Slovenia's SURS

BELGRADE (Serbia), August 12 (SeeNews) - Serbia's consumer prices increased 12.8% year-on-year in June, after rising 11.9% the month before, the country's statistical office said on Friday.

On a monthly comparison basis, Serbia's consumer price index (CPI) went up 1% in July, after adding 1.6% in June, the statistical office said in a statement.

In July, the biggest price increase in annual terms was observed in the group of food and non-alcoholic beverages (19.7%), transport (18.9%), furnishings, household equipment and household maintenance (12.1%), and restaurants and hotels (11.9%).

On monthly terms, the prices of recreation and culture grew 3.2%, transport went up 2.3%, the prices of alcoholic beverages and tobacco increased by 2%, housing, water, electricity, gas and other fuels added 1.9%, whereas prices of furnishings, household equipment and household maintenance increased by 1.5%. On the other hand, prices of food and non-alcoholic beverages decreased by 0.1% in June, compared to the previous month.

 
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