SERBIA: CBank Raises Benchmark For Inflation Fight.

http://www.bloomberg.com/news/2013-01-17/serbia-increases-main-rate-for-fifth-meeting-in-inflation-battle.html

    While most central banks are lowering benchmark interest rates to encourage growth... Serbia is raising it...to fight inflation.
    For the 5th time...Beograd raised the benchmark...by 25 bps...to 11.5%.
    Inflation jumped to 12.2%...well above the target max of 5.5%.
   Only Belarus at 21.8 % beats Serbia's inflation rate.