Retail prices in Serbia in August rose 0.4 percent against the previous month, with the prices of goods remaining unchanged, and the prices of services rising 1.5 percent, the Serbian Statistics Office said today. Compared with December 2004, August prices were up 10.6 percent.
The cost of living in Serbia in August rose 0.1 percent from the previous month and 10.2 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 5.3 percent, while the prices of industrial products rose 0.6 percent on slight fluctuations in the prices of certain goods.
The prices of drinks rose 1 percent, while tobacco prices remained unchanged.
The prices of non-food products remained unchanged against the previous month. The prices of certain medicines decreased, while the prices of textbooks and school supplies rose in August, but other prices remained unchanged.
The prices of services increased 1.5 percent, as a result of hikes in the prices for utility services and intercity and city transport.