Serbia: Inflation climbs to over three-year high in March
April 12, 2017
Consumer prices increased 0.2% from a month earlier in March and came in below February’s 0.7% rise. According to the Statistical Office, higher prices for communications, health and education were partly offset by falling prices for housing, water, electricity and gas.
Inflation rose to 3.6% in March from 3.2% a month earlier and was the highest reading since September 2013. Annual average inflation rose from 1.3% in February to 1.5% in March, which was the highest reading in twelve months.
Author: Christopher Thomas, Economist