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January retail prices up 1.4% on average
Belgrade,
23 February 2011
The Serbian Statistics Office stated today that retail prices of services and goods in Serbia this January rose by 1.4% on average compared to December 2010.
January consumer prices jumped by 11.2% compared to January 2010, while consumer prices in 2010 jumped by 6.5% in relation to 2009.
The greatest price hike was recorded in alcohol and tobacco (7.7%), transportation (2.4%), food and soft beverages (1.9%) and education (1.3%). The communications sector marked a drop (by 1.7%), while the prices of other goods and services did not change significantly. The difference between indices of retail prices and indices of the costs of living is a consequence of the different influence of growth in prices of certain goods in the formation of these indices.
The greatest price hike was recorded in alcohol and tobacco (7.7%), transportation (2.4%), food and soft beverages (1.9%) and education (1.3%). The communications sector marked a drop (by 1.7%), while the prices of other goods and services did not change significantly. The difference between indices of retail prices and indices of the costs of living is a consequence of the different influence of growth in prices of certain goods in the formation of these indices.
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