Serbian February and March y-o-y inflation was higher than the EU average but still below the inflation registered in some EU member states – it was lower compared to four countries in February and 11 countries in March, according to the latest issue of the MAT economic magazine.

Serbian February and March y-o-y inflation was higher than the EU average but still below the inflation registered in some EU member states – it was lower compared to four countries in February and 11 countries in March, according to the latest issue of the MAT economic magazine, a publication of the Belgrade Institute of Economics and the Chamber of Commerce and Industry of Serbia.

In February and March 2022, Serbian y-o-y inflation stood at 8.8 pct and 9.2 pct, respectively, compared to 6.2 pct and 7.8 pct in the EU.

The countries that saw higher y-o-y inflation than Serbia in February are Belgium (9.5 pct), the Czech Republic (10 pct), Estonia (11.6 pct) and Lithuania (14 pct), while Belgium (9.3 pct), Romania (9.6 pct), Slovakia (9.6 pct), Spain (9.7 pct), Poland (10.2 pct), Bulgaria (10.5 pct), Latvia (11.5 pct), the Netherlands (11.7 pct), the Czech Republic (11.9 pct), Estonia (14.8 pct) and Lithuania (15.6 pct) registered higher inflation in March compared to Serbia.