Serbia's restaurant, hotel prices rise 9.7% y/y in March

In annual terms, the cost of overnight accommodation marked the highest rate of increase, of 13.1%, in March, followed by the cost of non-alcoholic beverages with a 10.4% rise, the statistical office said in a statement.

In monthly terms, prices of overnight accommodation rose by 2.6% in March.

In February, Serbia's restaurant and hotel prices increased 10.2% on the year and were 1.4% higher than in January. Prices in the hospitality sector rose by an average 14.2% last year.

Serbia restaurant and hotel prices (pct change):