Inflation in Serbia is significantly higher than the European average

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Dušan Nikezić, President of the Committee on Economy and Finance of the Party of Freedom and Justice, stated today that Serbia has significantly higher inflation than the European average and that, according to the latest Eurostat data, only two EU countries, Estonia and Lithuania, have higher inflation.
He stated in a statement that the President of Serbia, Aleksandar Vučić, gave incorrect information last night that inflation in Serbia will be the lowest, lower than in Germany, since the annual inflation in Serbia in 2021 was 7.9 percent, and in Germany 5.7 percent.
“Even if only monthly inflation is observed in December, it is higher in Serbia than in Germany and most other European countries,” Nikezic pointed out.
According to him, Serbia is among the four poorest countries in Europe, so the official growth of food and fuel prices of over 20 percent has a more negative impact on the quality of life in Serbia, since over 50 percent of consumer baskets in Serbia go for food and energy.
That is why the Fiscal Council estimated that inflation for the poor in Serbia has already reached 15 percent, and since the trend of devaluation of income will continue in 2022, it is clear that the number of poor will increase dramatically in Serbia,” Nikezic said.
He added that people in Serbia really live worse, because, in addition to food and energy prices, all state levies have been increased, from VAT, property taxes and lump sums for entrepreneurs, through all excises and utilities, and new levies have been introduced such as excise taxes on electricity and taxes on sheds and wells, Danas reports.