Serbia: Inflation remains constant in November
December 12, 2016
Consumer prices in Serbia fell 0.1% in November from the previous month, contrasting the 0.7% increase registered in October. According to the Statistical Office of the Republic of Serbia (SORS), the fall was driven by a decrease in the price of food and beverages, tobacco, communication and restaurants and hotels.
Inflation remained constant at 1.5% in November, the highest reading in ten months. Annual average inflation in November mirrored October’s 1.1% figure.
Author: Dirina Mançellari, Senior Economist