Serbian town in the winter

Serbia Inflation November 2020

Serbia: Inflation ticks down in November

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 Octobers 1.6% in November. Lastly, harmonized inflation came in at 1.7% in November, down from the prior months 1.8%.

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