Serbia: Inflation comes in at highest level since June 2013 in April
May 13, 2022
Consumer prices rose 1.50% from the previous month in April, coming in above the 0.80% increase recorded in March. The print reflected a notable uptick in food and non-alcoholic beverages, and clothing and footwear prices.
Meanwhile, inflation rise from 9.1% in March to 9.6% in April, the highest reading since June 2013. The trend pointed up as annual average inflation rose to 6.5% in April from 5.9% in March. Lastly, harmonized inflation rose to 9.5% in April from March’s 9.2%; April’s reading marked the highest print since June 2013.