Inflation trends vary across North Macedonia, Bulgaria, and Serbia

inflation rates consumer price index Eurozone economy monetary policy food prices

Inflationary trends across several Balkan and European regions show varying trajectories. In North Macedonia, the VLEN coalition reported that annual inflation fell to 2.3 percent in July, down from 4.5 percent two years ago. They attributed this stabilization to consumer protection measures and reduced excise duties on derivatives.

In Bulgaria, Eurostat data indicates that annual inflation slowed to 4.4 percent in July, down from 5.2 percent in June. Despite this decrease, Bulgaria remains among the countries with the highest price growth in the EU, significantly above the Eurozone average of 2.9 percent. High costs in the summer tourism sector, including hotels and international flights, have contributed to these figures.

In Serbia, Governor Jorgovanka Tabaković announced that annual inflation dropped to 1.9 percent in July. This decline was primarily driven by a significant decrease in food prices due to a strong harvest of fruits and vegetables. The Serbian economy also saw GDP growth accelerate to 3.6 percent in the second quarter.

Entities

Bank of Albania · Bulgaria · European Central Bank · Eurostat · INSTAT · National Bank of Serbia · National Statistical Institute of Bulgaria · Yorgovanka Tabaković

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] Annual inflation fell to 2.3 percent in July. www.infoshqip.com · lideri.mk · zhurnal.mk
[● 3 SOURCES] Two years ago, annual inflation was 4.5 percent. www.infoshqip.com · lideri.mk · zhurnal.mk
[● 3 SOURCES] The Operational Plan for Employment has approximately 40 million euros allocated for employment, self-employment, and training. www.infoshqip.com · lideri.mk · zhurnal.mk
[● 3 SOURCES] The Law for the Prohibition of Unfair Trade Practices is being implemented to protect producers and consumers in the food and agricultural sectors. www.infoshqip.com · lideri.mk · zhurnal.mk
[● 3 SOURCES] A reduction in excise duties on derivatives has helped lower costs for citizens and businesses. www.infoshqip.com · lideri.mk · zhurnal.mk