Annual inflation at 2.4% – Drop by 0.3% in July 2018

The inflation in Serbia dropped by 0.3% in July 2018 compared to June, whereas, on an annual level, compared to July 2017, it grew by 2.4%.

Consumer prices grew by 1.9% in July, compared to December 2017, the Statistical Office of the Republic of Serbia announced.

Observed by main groups according to destination of consumption in July 2018 in relation to the previous month, the decrease of prices was noted in the following groups: Food and non-alcoholic beverages (-1.9%), Clothing and footwear (-1.3%), Communication (-0.7%), Furnishings, household equipment and routine household maintenance (-0.3%), and in the group Restaurants and hotels (-0.1%).

Increase of prices was recorded in the groups Alcoholic beverages and tobacco (2.6%), Recreation and culture (2.3%), Transport (0.4%), and in the groups Housing, water, electricity, gas and other fuels and Health (by 0.1%, each group).

Republički zavod za statistiku

Statistical Office of the Republic of Serbia

inflation in Serbia

consumer prices in Serbia

price of food

price of drinks

price of footwear

price of clothes

price of furniture

price of transport

price of restaurants

price of hotels

price of alcohol

price of tobacco