NBS: Moderate Rise in Inflation

Politics ♦ Published: December 16, 2013; 10:08 ♦ (Vindobona)

Moderate rise of inflation expected by the National Bank of Serbia (NBS).

NBS: Moderate Rise in Inflation / Picture: © Vindobona.org

According to the Statistical Office data, Serbia's consumer prices fell by 0.6% in November. Year-on-year inflation continued down, settling at 1.6%.

The National Bank of Serbia expects that the year-on-year inflation will rise moderately starting from December and trend closer to the target (4%). This trend will be also supported by the one-off effect of the forthcoming upward…

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