Inflation rate in Serbia climbs to almost 12% in June

Regional today
Thursday 14 Jul 2022, 12:20 PM
Photo by noppawan09/Shutterstock.com
Serbia’s annual inflation rate soared to 11.9 percent in June from 10.4 percent the previous month, the Belgrade-based Serbian Statistical Office (SORS) said in a statement on Tuesday.
Prices for food and non-alcoholic beverages rose 18.8% (vs. 16% in May), and those for housing and utilities rose 7.7% (vs. 6.7%).
At the same time, the cost of transport jumped 18% (compared to 15.7%).
Additional upward pressure came from furniture and housekeeping by 10.8% (vs 10.1%), recreation and culture by 6% (vs 5.9%); and clothing and footwear by 4.7% (vs. 3.7%).
On a monthly comparison basis, consumer prices rose 1.6%, compared to a 1.2% increase the previous month.
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