Inflation comes in at highest level since at least 2008
Inflation came in at 16.1% in February, up from January’s 15.8%. February’s reading marked the highest inflation rate since our current records began in January 2008. The increase was mainly driven by higher price pressures recorded for food and non-alcoholic beverages and housing and utilities.
Consequently, the trend pointed up; annual average inflation rose to 13.2% in February (January: 12.6%). Meanwhile, harmonized inflation rose to 15.4% in February, from the previous month’s 15.2%.
Finally, consumer prices increased 1.38% from the previous month in February, broadly unchanged from January’s 1.40% increase.
Serbia Inflation (Core, ann. var. %, aop) Data
|Inflation (Core, ann. var. %, aop)||1.7||1.0||1.3||1.6||2.3|