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

Prices of these goods and services in August 2018 in relation to July 2018 increased by 0.3% on average. Consumer prices in August 2018, increased by 2.6% in relation to August 2017. In August 2018, in relation to December 2017, consumer prices increased by 2.2% оn average.

Observed by main groups according to the destination of consumption in August 2018 in relation to the previous month, increase of prices was noted in the groups: Recreation and culture (3.3%), Housing, water, electricity, gas and other fuels (0.6%), Transport (0.4%), Communication (0.3%), Food and non-alcoholic beverages (0.2%) and in the groups Health and Restaurants and hotels (each by 0.1%). Decrease of prices was noted in the group Clothing and footwear (-1.5%) and in the groups Alcoholic beverages and tobacco and Furnishings, household equipment and routine maintenance of the house (by -0.1% each).

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).