- Category: Economy
- Published on Monday, 20 December 2021 16:42
December 20, 2021
The Serbian Republic Statistics Office (RZS) predicted on Monday that inflation would stand at around 7.5 percent in the first quarter of 2022.
The RZS said in is Trendovi publication that the leading composite consumer price indicator for the fourth quarter of 2021 shows that year on year prices are expected to rise by some 7.3 percent.
The rise in prices in the last quarter of this year was mainly due to higher prices of food, non-alcoholic beverages, fuel and household electricity bills.
The rise in consumer prices in the first quarter of next year will be “predominantly defined” by higher food, fuel and tobacco prices, the RZS said.