The consumer price index represents the changes in the prices of products and services households purchase to meet their needs, used as a measure of inflation.
In comparison with last year
The prices of personal consumer products and services increased by 1.9% on average in October 2022 compared to the previous month. Compared to the same month of the last year, consumer prices in October 2022 increased by 15.0%, while compared to December 2021, they increased by an average of 13.5%.
Summary of growth in the main groups
Observed by the main groups of products and services classified according to the purpose of consumption, in October 2022, compared to the previous month, there was a price growth in the groups:
- Restaurants and hotels (4.1%),
- Food and non-alcoholic beverages (3.5%),
- Clothing and footwear (2.2%),
- Home equipment and ongoing maintenance (1.7%),
- Housing, water, electricity, gas and other fuels (1.5%),
- Education (1.3%),
- Transport (0.6%),
- Recreation and culture (0.5%)
- Alcohol beverages and tobacco (0,5%)
- Communications (o,2%)
- Health (0.2% ).
The prices of other products and services did not change significantly.
Inflation
According to data on consumer price trends:
- The consumer price index in the Republic of Serbia in October 2022 compared to September 2022 is 101.9.
- The consumer price index in the Republic of Serbia in October 2022 compared to December 2021 is 113.5.
| Period | Inflation |
|---|---|
| September – October 2022 | 1,9% |
| October 2021 – October 2022 | 15,0% |
| December 2021 – October 2022 | 13,5% |
