Serbia: Inflation Above Target Range

BusinessEconomy ♦ Published: January 29, 2013; 13:51 ♦ (Vindobona)

According to a country report published by Raiffeisen Research, inflation has bottomed in December 2012. The annual inflation comes at 12.2%.

Serbia: Inflation Above Target Range / Picture: ©

Inflation bottomed in December (_0.4% mom) supported by falling food & beverages prices (_1.5% mom) having 38.76% share in the CPI basket and transport (_0.6% mom) having 10.49% share in the CPI basket.

The highest monthly growth was disclosed with health (+1.3% mom) and furniture, household equipment (+1.1 mom), having 4.33% and 4.43% share respectively in the CPI basket.…

Fast News Search
Read More