FinMin: Inflation imported into Serbia

The minister told the Serbian state TV (RTS) average pensions rose by 55.8 percent over the past two years. “Inflation did not rise that much. If the average this year was about 12 percent you can see a slow drop in inflation across the world including here and it will be at 8 percent towards the end of the year. What is important is that inflation will drop and drop but the salaries and pensions which we are raising will remain continuously high and will be increased,” he said.

According to the Finance Minister, salaries and pensions have never been higher than they are now.

Speaking about what he said is imported inflation, Mali said that Serbia was not to blame for rising prices. “Serbia is not to blame for the conflict in Ukraine nor for the energy crisis but it has dealt with them in the right way,” he said.