Inflation Rate in Serbia increased to 4.60 percent in June from 3.80 percent in May of 2025. This dataset provides - Serbia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average inflation rate in Serbia was approximately 4.67 percent. Between 1998 and 2024, the figure dropped by around 25.33 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 1.67 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

The Consumer Price Index in Serbia increased 0.90 percent in June of 2025 over the previous month. This dataset provides - Serbia Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Inflation, consumer prices for Serbia (FPCPITOTLZGSRB) from 1995 to 2024 about Serbia, consumer, CPI, inflation, price index, indexes, and price.

Serbia: Inflation forecast: The latest value from 2030 is 3 percent, unchanged from 3 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Serbia from 1998 to 2030 is 11.97 percent. The minimum value, 1.26 percent, was reached in 2020 while the maximum of 111.96 percent was recorded in 2000.

Cost of food in Serbia increased 5.70 percent in May of 2025 over the same month in the previous year. This dataset provides - Serbia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia RS: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 2.836 % in 2017. This records an increase from the previous number of 2.535 % for 2016. Serbia RS: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 10.089 % from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 89.245 % in 2001 and a record low of 2.535 % in 2016. Serbia RS: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Serbia – Table RS.World Bank: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Serbia was 3.92 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 4.07 percent. Compared to a year ago, we see a decrease from the inflation...

The gas price inflation rate in Serbia peaked at 30.8 percent in December 2023. Meanwhile, the energy price inflation has increased since 2021, peaking at 19.4 percent in September 2022. This figure indicates energy prices are almost 50 percent higher than they were the same month in the previous year. In 2024, energy commodities' HICP showed a decreasing trend.

Inflation, consumer prices (annual %) in Serbia was reported at 4.6705 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Inflation rate of Serbia plummeted by 62.25% from 12.4 % in 2023 to 4.7 % in 2024. Since the 193.30% surge in 2022, inflation rate sank by 61.02% in 2024. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Inflation, monthly percent change in the CPI in Serbia, June, 2025 The most recent value is 0.89 percent as of June 2025, an increase compared to the previous value of 0.32 percent. Historically, the average for Serbia from January 2006 to June 2025 is 0.47 percent. The minimum of -1.07 percent was recorded in July 2006, while the maximum of 2.71 percent was reached in October 2012. | TheGlobalEconomy.com

This statistic shows the monthly inflation rate for HICP (all items) compared to the same period in the previous year in Serbia from January to December 2018. In December 2018, the inflation rate was two percent compared to the same month in the previous year.

Key information about Serbia Consumer Price Index CPI growth

• Serbia Consumer Price Index (CPI) growth was measured at 12.5 % YoY in Jul 2023, compared with a rate of 13.7 % in the previous month.
• Serbia Consumer Price Index growth data is updated monthly, available from Feb 1995 to Jul 2023, with an averaged number of 10.3 % YoY.
• The data reached an all-time high of 134.9 % YoY in Apr 2001 and a record low of 0.1 % YoY in Jan 2015.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The Statistical Office of the Republic of Serbia provides Consumer Price Index with base Same Month Previous Year=100. Consumer Price Index Growth prior to January 2007 is sourced from the International Monetary Fund.

Key information about Serbia Core CPI Change

• Serbia Core CPI Change was reported at 5.500 % in Dec 2024.
• This records a decrease from the previous number of 5.600 % for Nov 2024.
• Serbia Core CPI Change data is updated monthly, averaging 4.700 % from Jan 2007 to Dec 2024, with 216 observations.
• The data reached an all-time high of 15.000 % in Mar 2023 and a record low of 0.400 % in Jan 2015.
• Serbia Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

The National Bank of Serbia provides monthly Core Consumer Price Index Growth with base Same Month Previous Year=100. Core Consumer Price Index excludes Unprocessed Food and Energy.

1.6 (%) in 2020. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Serbia was estimated to have experienced the highest inflation rate in the Western Balkans in 2023. Consumer prices across the country grew by over 12 percent compared to the previous year. Furthermore, Serbia was estimated to see the most significant increase in consumer prices in the following years until 2026.

Inflation, GDP deflator (annual %) in Serbia was reported at 5.2273 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Inflation, GDP deflator (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

This dataset is about countries per year in Serbia. It has 64 rows. It features 3 columns: country, and inflation.

Inflation, GDP deflator: linked series (annual %) in Serbia was reported at 5.2273 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.