Excise tax in the United States

Serbian inflation 2 percent in first half of year

BELGRADE -- Inflation stood at two percent in the first half of 2014 with the monthly rise of consumer prices at 0.1 percent, said the Serbian Ministry of Trade.

Romanians are about to be hit by a series of price hikes, as new excise taxes on gasoline and cigarettes become effective this week on April 1.

The new fuel tax is set at seven cents a litre, meaning a price increase of 0.41 lei (0.09 euro) per litre of fuel, according to estimates.

BELGRADE - The deficit in the Serbian budget in January this year was RSD 7 billion, the Ministry of Finance has stated.

Budget revenue was RSD 72.2 billion and expenditure RSD 79.2 billion.

This information does not include the revenue and expenditure of indirect budget users, the ministry said.

Tax revenue was RSD 65.3 billion and non-tax revenue was RSD 6.3 billion.