Serbia: Inflation ticks down in November
December 11, 2020
Consumer prices were unchanged from the prior month in November, after rising 0.10% month-on-month in October. The print reflected a notable uptick in alcoholic beverages and tobacco prices being offset by a drop in transportation prices.
Inflation, meanwhile, inched down to 1.7% in November from 1.8% in the prior month. However, annual average inflation was stable at October’s 1.6% in November. Lastly, harmonized inflation came in at 1.7% in November, down from the prior month’s 1.8%.