Q:
A:
Prices of products, services in February 2017 increased by 0.7%
Belgrade,
13 March 2017
The Statistics Office stated that prices of products and services in February 2017 in relation to January 2017 increased by 0.7% on average.
Consumer prices in February 2017, compared with the same month of the previous year, increased by 3.2%, while in relation with December 2016, the increase amounted to 2.2%.
Observed by main groups according to destination of consumption in February 2017 in relation to the previous month, the increase of prices was noted in the following groups: Food and non-alcoholic beverages (1.6%), Housing, water, electricity, gas and other fuels (1.3%), Transport (1.2%), Alcoholic beverages and tobacco (0.5%), Restaurants and hotels (0.3%) and Education (0.1%). Decrease of prices was recorded in the groups Clothing and footwear (-2.2%), Recreation and culture (-0.6%), Communication (-0.3%) and Health (-0.1%).
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 February 2017 in relation to the previous month, the increase of prices was noted in the following groups: Food and non-alcoholic beverages (1.6%), Housing, water, electricity, gas and other fuels (1.3%), Transport (1.2%), Alcoholic beverages and tobacco (0.5%), Restaurants and hotels (0.3%) and Education (0.1%). Decrease of prices was recorded in the groups Clothing and footwear (-2.2%), Recreation and culture (-0.6%), Communication (-0.3%) and Health (-0.1%).
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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