As the new year begins, Serbia is witnessing a slowdown in its inflation rate, with the latest Consumer Price Index (CPI) indicating a month-over-month (MoM) growth of just 0.10% in December 2024. This marks a significant decrease from the 0.30% MoM change recorded in November 2024.
Released on January 13, 2025, these updated statistics underscore a trend of decelerating inflation, potentially reflecting an easing of price pressures across various sectors in the Serbian economy. The reduced inflationary growth could be indicative of improved stability in market conditions or effective policy measures undertaken by Serbian authorities to control price surges.
The December figures reveal a contracting inflationary environment compared to the previous month, providing a glimmer of hope for consumers who may have been grappling with rising costs earlier. Economists and stakeholders will keenly monitor how this trend progresses in the coming months as Serbia navigates its economic challenges.
