Inflation in Serbia

Serbia Inflation | Economic News & Forecasts

Serbia - Inflation

Inflation slides in September

Consumer prices decreased 0.3% from the previous month in September, eclipsing August’s 0.3% increase. According to the Statistical Office of the Republic of Serbia, September’s result came on the back of lower prices for recreation and culture; communication; food and non-alcoholic beverages; and furniture, household equipment and maintenance.

Inflation eased to 2.1% in September from 2.6% in August, remaining within the Central Bank’s target range of 3.0% plus or minus 1.5 percentage points. Annual average inflation inched down to 2.2% in September from 2.3% in August. Meanwhile core inflation, which excludes prices for food, energy, alcohol and cigarettes, was stable at 1.1% in September.

Met the why particular Consensus Forecast panelists expect inflation to average 2.9% in 2019, which is down 0.1 percentage points from last month’s forecast, and average 2.9% again in 2020.

Serbia - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)7.9  2.1  1.4  1.1  3.2  

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Serbia Inflation Chart


Serbia Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: Statistical Office

Serbia Facts

ValueChangeDate
Bond Yield3.750.0 %Oct 16
Exchange Rate112.2-0.31 %Oct 16
Stock Market1,535-0.44 %Oct 16

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