price growth

A drop in food prices in Serbia is expected

Year-on-year inflation in Serbia in October dropped to a single digit number and amounts to 8.5 percent, according to official data. According to experts, the reduction in inflation was largely contributed by the continued slowdown in food prices, as well as the prices of products and services within the base inflation. The latest data published on November 12th on the website of the Republic of Serbia Statistics Institute show that consumer prices in October 2023, compared to October 2022, increased…