Serbia is getting cheaper

A 0.2 percent deflation was measured in Serbia last December, so the retail prices of public consumer goods and services reduced compared with November – the Republic Statistical Institute of Belgrade announced.

These same rates and service charges increased by 1.5 percent compared to a year earlier. The mid-year inflation rate shows a 1.9 percent level. In December last year transportation prices decreased (compared to the November data) by 0.9 percent and food and beverages prices decreased by 0.8 percent. (by our colleague)