Serb Natlfed

Main Menu

  • Home
  • Serbian finance
  • Serbian banks
  • Serbian economy
  • Serbian loans
  • Financial affairs

Serb Natlfed

Header Banner

Serb Natlfed

  • Home
  • Serbian finance
  • Serbian banks
  • Serbian economy
  • Serbian loans
  • Financial affairs
Serbian banks
Home›Serbian banks›What is the real inflation in Serbia?

What is the real inflation in Serbia?

By Corey Owens
August 19, 2021
0
0


Many people have the impression that the real inflation rate in Serbia is higher than official statistics show due to the increase in food prices.

According to official statistical data, year-on-year inflation in July in Serbia was 3.3% and since the beginning of the year, i.e. compared to December 2020, it was 3.7 %. Food, fuel and cigarettes have become more expensive due to the semi-annual adjustment of excise taxes and many say that because of this inflation seems even higher.

Milojko Arsić, professor at Belgrade’s Faculty of Economics, said Serbs had previously doubted official inflation figures, although he considered them relatively reliable. It’s more about the perception that the products they buy have become more expensive because the prices of tens of thousands of other products have not gone up. Fuel prices, for example, have gone up, as have the cost of building materials.

“Prices are also increasing in other countries. These are disruptions in supply chains due to the pandemic. On the other hand, it is possible that such a widespread increase in prices is a consequence of the large fiscal and monetary expansion implemented by central banks and governments. Central banks printed a lot of money and governments also distributed a lot of money to alleviate the crisis. The money supply has grown much faster than production, ”says Arsić.

According to him, it is possible that inflation will be slightly higher than the announced 3.3%, but it will not reach the double digits.

(eKapija, 08/18.2021)

https://www.ekapija.com/news/3384819/koliko-zapravo-iznosi-inflacija-u-srbiji-i-da-li-nam-preti-dvocifreni

This article is also available in: Italiano


Related posts:

  1. Large feathers escape wildfire in Los Angeles County as evacuations are ordered
  2. American Idol contestant quits show after racist video aired
  3. Republicans vote to remove Rep. Liz Cheney from GOP leadership
  4. Biden says jobs offered to unemployed must accept them or lose benefits

Categories

  • Financial affairs
  • Serbian banks
  • Serbian economy
  • Serbian finance
  • Serbian loans

Resent Posts

  • Montenegro seeks money to build the second phase of the highway
  • Premier League 2022-23 preview, tips and predictions, and claim £30 FREE BETS with Sky Bet’s new season special
  • Air Serbia will launch a dozen new “exotic” routes and destinations
  • Italian stars learning on the job as Toronto FC complete marathon week in MLS – Toronto
  • Father of Serbian talent Hamad Medjedovic thanks Novak Djokovic for his help – ‘In 2021 he paid for everything’

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • Privacy Policy
  • Terms and Conditions