In April this year, compared to the same month in 2020, economic activity in Serbia accelerated, but also inflation, which was 1.1 percent because the growth of current consumer prices was the highest since 2017, the authors of the monthly “Macroeconomic Analysis” announced today and trends (MAT).
In April, inflation in Serbia amounted to 2.8 percent year on year and approached the central value of the target of the National Bank of Serbia of three percent, below which it has been since May 2019.
“The growth of inflation in April was mostly influenced by the increase in the price of fresh vegetables by 18.5 percent, and all products from the consumer basket, food products by 2.6 percent, energy due to the increase in the price of motor fuel by 0.6 percent. renting an apartment “, states MAT.
It is added that in March this year, Serbia had lower year-on-year inflation than nine EU countries, and in April than six countries.
In March this year, the Netherlands had higher year-on-year inflation than Serbia (1.9 percent), Germany (2), Austria (2), Sweden (2.1), the Czech Republic (2.3), Luxembourg (2.5) and Romania. 2.5), Hungary (3.9) and Poland (4.4).
In April, the Netherlands, Germany and Austria reportedly joined EU countries that have lower inflation than Serbia.
Romania (2.7 percent), Sweden (2.8 percent), the Czech Republic (3.1), Luxembourg (3.3), Poland (5.1) and Hungary (5.2) had higher inflation than Serbia in April 2021. percent).