I will also provide a general assessment of their benefits and what attracts investment to Serbia. I will also share with you our opinion on what we can do through concerted efforts. I will start with the figures. During the last four years FDI inflows in Serbia stood at around 6% of GDP on average, while last year they reached 8.2% of GDP.
Part of the reason that prices have remained sluggish is households' persistent concern regarding the future amid the declining birth rate and aging population, in addition to the fact that wage increases have been taking time to fully take hold, as I will touch upon later. Frankly speaking, consumers are still keeping their purse strings tight.