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Retail prices rise two percent in July
Belgrade,
29 July 2005
Retail prices in Serbia in July rose two percent against the previous month, with the prices of goods rising 2.1 percent and services by 1.7 percent, the Serbian Statistics Office said yesterday. Compared with December 2004, July prices were up 10.2 percent.
The cost of living in Serbia in July rose 0.9 percent from the previous month and 10.1 percent against December 2004. The discrepancy between the increase in retail prices and the rise in the cost of living was due to different impacts of individual items on the overall index, the Statistics Office explained.
The prices of agricultural products fell 10 percent, while the prices of industrial products rose 0.4 percent on slight fluctuations in the prices of certain goods.
The prices of drinks rose 0.5 percent, while tobacco prices remained unchanged.
Non-food products rose 4.5 percent on the average. The prices of electricity and oil products increased in July but other prices remained unchanged.
The prices of services increased 1.7 percent, on the average of hikes in the prices for utility services, education, and intercity transport.
The prices of agricultural products fell 10 percent, while the prices of industrial products rose 0.4 percent on slight fluctuations in the prices of certain goods.
The prices of drinks rose 0.5 percent, while tobacco prices remained unchanged.
Non-food products rose 4.5 percent on the average. The prices of electricity and oil products increased in July but other prices remained unchanged.
The prices of services increased 1.7 percent, on the average of hikes in the prices for utility services, education, and intercity transport.
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