In the latest economic update, Serbia’s Consumer Price Index (CPI) has recorded a consistent figure of 4.30% for the month of August 2024. This announcement came on September 12, 2024, following the same confirmed figure for July 2024, reflecting no change in the primary inflation indicator.The comparison period encompasses a year-over-year assessment, meaning the current 4.30% rate for August 2024 was measured against the CPI in August 2023. This stability signals a potentially moderated economic environment with controlled inflation pressures.The latest CPI data providing crucial insights for policymakers and investors indicate the Serbian economy may be on a steady path, demanding careful observation of upcoming monthly trends to better understand the longer-term inflation trajectory.The material has been provided by InstaForex Company – www.instaforex.com
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