Prices went up by 0.7% in October

Consumer prices in Serbia in October 2016 were higher by 0.7% relative to September, whereas the annual inflation equaled 1.5%, reported the Statistical Office of the Republic of Serbia yesterday.

Compared to December 2015, the increase in consumer prices, used to measure the inflation, amounted to 1.,8%.

In October, the prices of services increased in the areas of recreation and culture (2.6%), housing, water, electricity, gas and other fuels (1.5%), clothing and footwear (1.1%). 

Last month also saw an increase in the prices of food and non-alcoholic beverages and education (0.6% each), furniture, household equipment and routine household maintenance and transport (0.4% each) and restaurant and hotel services (0.3%).

(Vecernje Novosti, 14.11.2016)

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