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Serbia's restaurant, hotel prices rise 10% y/y in Feb - table

Mar 12, 2024, 1:06:08 PMArticle by Iskra Pavlova
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March 12 (SeeNews) - Prices at Serbia's restaurants and hotels rose by an annual 10.2% in February and were 1.4% higher month-on-month, the country's statistical office said.

Serbia's restaurant, hotel prices rise 10% y/y in Feb - table
Dnata Catering restaurant Source:Dnata Catering

In annual terms, the cost of overnight accommodation marked the highest rate of increase, of 15.3%, in February, followed by the cost of non-alcoholic beverages with a 10.3% rise, the statistical office said in a statement on Monday.

In monthly terms, prices of overnight accommodation rose by 5.6% in February.

In January, Serbia's restaurant and hotel prices increased 9.3% on the year and were 1.4% higher than in December. Prices in the hospitality sector went up by an average 14.2% last year.

Serbia restaurant and hotel prices (pct change):

Feb'24 y/y Feb'24 m/m Jan'24 y/y Jan'24 m/m Jan-Feb'24 y/y
Total 10.2 1.4 9.3 1.4 9.7
- food 9.0 0.6 9.4 1.1 9.2
- alcoholic drinks 8.7 0.7 8.9 0.8 8.8
- non-alcoholic drinks 10.3 0.5 10.9 1.3 10.6
- overnight accommodation 15.3 5.6 8.3 3.0 11.8

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