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A:
Retail prices, services go up 1.2%
Belgrade,
15 January 2008
The Serbian Statistics Office stated today that retail prices of services and goods in Serbia in December rose on average by 1.2% against November 2007.
In December 2007 compared with the same month 2006, retail prices jumped by 11%, whereas the average annual growth was 6.5%.
By groups, compared with the previous month, the greatest increase in prices was recorded in alcohol beverages and tobacco 3.4%, followed by food and non-alcoholic beverages 2%, transportation prices 1.8% and prices of restaurant and hotel services 0.6%.
Other prices did not change significantly.
CPI COICOP presents a special retail prices index calculated according to the methodology harmonised with recommendations for retail prices index calculation in the EU (Harmonised Price Index).
CPI COICOP is defined as a measure of average change of retail prices of goods and services used for personal consumption.
By groups, compared with the previous month, the greatest increase in prices was recorded in alcohol beverages and tobacco 3.4%, followed by food and non-alcoholic beverages 2%, transportation prices 1.8% and prices of restaurant and hotel services 0.6%.
Other prices did not change significantly.
CPI COICOP presents a special retail prices index calculated according to the methodology harmonised with recommendations for retail prices index calculation in the EU (Harmonised Price Index).
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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