February 22, 2023

Prices of goods and services used for personal consumption in January 2023 in relation to December 2022 increased by 1.4% on average. Consumer prices in January 2023 increased by 15.8% in relation to January 2022. Consumer prices in  2022 in relation to 2021 increased by 11.9%, on average.

Observed by main groups according to the destination of consumption in January 2023 in relation to the previous month, increase of prices was noted in the groups Housing, water, electricity, gas and other fuels (3.5%), Alcoholic beverages and tobacco (2.5%), Food and non-alcoholic beverages (1.6%), Furnishings, household equipment and routine household maintenance (1.3%), Recreation and culture (1.0%), Restaurants and hotels (0.6%), Health (0.2%) and Communication (0.1%). Decrease of prices was noted in the group Transport (-0.6%).

Prices of other goods and services mostly remained unchanged.


Source: Statistical Office of the Republic of Serbia
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.