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Prices of products, services in May decreased by 0.3%
Belgrade,
12 June 2015
The Serbian Statistical Office stated today that prices of products and services in May 2015 in relation to April 2015 decreased by 0.3% on average.
Consumer prices in May 2015, compared with May 2014, increased by 1.5% and in relation with December 2014, by 1.6%.
Observed by main groups according to destination of consumption in May 2015 in relation to the previous month, decrease of prices was noted in the following groups: Food and non-alcoholic beverages (-1.1%) and in groups Health and Recreation and culture (by -0.1% each group).
An increase of prices was noted in the following groups: Transport (0.5%), Alcoholic beverages and tobacco (0.4%), Restaurants and hotels (0.3%) as well as in the groups Housing, water, electricity, gas and other fuels, Communication and Education (by 0.1% each group).
Prices of other products and services mostly remained unchanged.
CPI COICOP is defined as a measure of average change of retail prices of goods and services used for personal consumption.
Observed by main groups according to destination of consumption in May 2015 in relation to the previous month, decrease of prices was noted in the following groups: Food and non-alcoholic beverages (-1.1%) and in groups Health and Recreation and culture (by -0.1% each group).
An increase of prices was noted in the following groups: Transport (0.5%), Alcoholic beverages and tobacco (0.4%), Restaurants and hotels (0.3%) as well as in the groups Housing, water, electricity, gas and other fuels, Communication and Education (by 0.1% each group).
Prices of other products and services mostly remained unchanged.
CPI COICOP is defined as a measure of average change of retail prices of goods and services used for personal consumption.
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