economy
February 20, 2026
Price protection expires on March 1
Consumer price growth data in January provides cause for concern as the Decree limiting retail margins expires next weekend. This Decree has kept food prices under control in recent months, while most other product and service groups have seen price increases, some significant.
TL;DR
- A decree limiting retail margins, which has helped control food prices, is set to expire on March 1.
- January data shows that while food and transport prices decreased year-on-year, other product and service groups experienced significant price increases.
- Services are driving consumer price growth, increasing by 5.4% year-on-year in January.
- Specific items like coffee, jewelry, and water supply saw substantial price increases.
- The National Bank of Serbia maintained its reference interest rate, expecting new regulations to manage trade and inflation.
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