Inflation in September: 10.9 percent
Annual inflation in Serbia in September was 10.9 percent according to EU methodology, the Statistical Office announced today.
Wednesday, 15.10.2008.
15:23
Annual inflation in Serbia in September was 10.9 percent according to EU methodology, the Statistical Office announced today. According to a statement, retail prices of goods and services for personal consumption in September were 1 percent up on August. Inflation in September: 10.9 percent The “alcoholic beverages and tobacco“ group reported the biggest price increases in September. Prices in this group were 8.1 percent up on August, primarily because of an increase in the price of cigarettes. Newspapers and school stationery have also risen in price, leading to a 2.5 percent hike in the “recreation and culture“ group. Foodstuffs and non-alcoholic drinks rose by an average of 1.7 percent in September due to the increase in prices of fresh and processed meat, fruit and vegetables, while “education“ was also 1.4 percent higher as a result of increased school fees. The biggest fall, of 2.5 percent, was reported in the “transport“ category following the reduction in crude prices. The price of other goods of services did not change significantly, the report added. Under EU methodology, inflation is measured on the basis of average changes in the costs of retail goods and services for personal consumption, and includes property rental, financial services, educational services and hospitality.
Inflation in September: 10.9 percent
The “alcoholic beverages and tobacco“ group reported the biggest price increases in September. Prices in this group were 8.1 percent up on August, primarily because of an increase in the price of cigarettes.Newspapers and school stationery have also risen in price, leading to a 2.5 percent hike in the “recreation and culture“ group.
Foodstuffs and non-alcoholic drinks rose by an average of 1.7 percent in September due to the increase in prices of fresh and processed meat, fruit and vegetables, while “education“ was also 1.4 percent higher as a result of increased school fees.
The biggest fall, of 2.5 percent, was reported in the “transport“ category following the reduction in crude prices.
The price of other goods of services did not change significantly, the report added.
Under EU methodology, inflation is measured on the basis of average changes in the costs of retail goods and services for personal consumption, and includes property rental, financial services, educational services and hospitality.
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