CPI COICOP is defined as a measure of average change of retail prices of goods and services used for personal consumption.

Prices of these products and services in July 2018 in relation to June 2018 decreased by 0.3% on average. Consumer prices in July 2018 increased, compared with the same month of the previous year, by 2.4%, while in relation to December 2017, the increase of 1.9% was recorded.      

Observed by main groups according to destination of consumption in July 2018 in relation to the previous month, the decrease of prices was noted in the following groups: Food and non-alcoholic beverages (-1.9%), Clothing and footwear (-1.3%), Communication (-0.7%), Furnishings, household equipment and routine household maintenance (-0.3%), and in the group Restaurants and hotels (-0.1%). Increase of prices was recorded in the groups Alcoholic beverages and tobacco (2.6%),  Recreation and culture (2.3%), Transport (0.4%), and in the groups Housing, water, electricity, gas and other fuels and Health (by 0.1%, each group).

Prices of other products and services mostly remained unchanged.

Starting from 1999 the Statistical Office of the Republic of Serbia has not at disposal and may not  provide available certain data relative to AP Kosovo and Metohija and therefore these data are not included in the coverage for the Republic of Serbia (total).