Serbia’s President Aleksandar Vučić announced the possibility of raising pensions earlier than December, potentially a month or two ahead of schedule, emphasizing that pensioners have already received a cumulative 45% increase over the past two years.
However, the newspaper Danas challenges this claim, highlighting that food prices have significantly risen. According to Danas, food prices increased by nearly 42% from December 2021 to December 2023 and by 46% by the end of 2024.
In contrast, pensions saw a cumulative increase of about 36.5% during 2022 and 2023. With planned future adjustments, pensions are projected to rise by a total of 54.5% by the end of 2024.
Ultimately, Danas concludes that from early 2022 to late 2024, pensions have increased by just under 10 percentage points more than food prices, raising questions about the real purchasing power of pensioners.
