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Economic indicators show better standard of living later this year
Belgrade,
10 July 2010
Minister of Trade and Services Slobodan Milosavljevic said that changes in foreign exchange rates will not jeopardise the positive moves that Serbia has made, which is why citizens should expect the first improvements in the standard of living later this year.
Milosavljevic declared in an interview with daily newspaper Vecernje Novosti that all indicators show that this year will end positively and that prices and inflation will remain within the projected scope.
These are strong arguments for unfreezing salaries and pensions by the end of the year so that citizens can really feel an improvement.
There is no doubt that citizens live a difficult life. Citizens need, however, to take a look at European data on price trends in 37 European countries. Serbia is among the countries in Europe with the lowest prices, highlighted the Minister.
He outlined that the biggest problems that Serbia is facing are fuel prices and prices of luxury clothing and footwear that are above the average price level in the EU while, when it comes to food, drink and utilities, Serbia is among two or three of the cheapest countries in Europe.
These are strong arguments for unfreezing salaries and pensions by the end of the year so that citizens can really feel an improvement.
There is no doubt that citizens live a difficult life. Citizens need, however, to take a look at European data on price trends in 37 European countries. Serbia is among the countries in Europe with the lowest prices, highlighted the Minister.
He outlined that the biggest problems that Serbia is facing are fuel prices and prices of luxury clothing and footwear that are above the average price level in the EU while, when it comes to food, drink and utilities, Serbia is among two or three of the cheapest countries in Europe.
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