Inflation in Serbia

Serbia Inflation | Economic News & Forecasts

Serbia - Inflation

Inflation edges higher in July

Consumer prices declined 0.3% from the previous month in July, contrasting June’s 0.4% increase. According to the Statistical Office of the Republic of Serbia, lower prices for food and non-alcoholic beverages; and clothing and footwear drove the decline.

Inflation increased from 2.3% in June to 2.4% in July, within the Central Bank’s target range of 3.0% plus or minus 1.5 percentage points. Annual average inflation was unchanged at 2.3%.

Serbia Inflation Forecast

Met the why particular Consensus Forecast panelists expect inflation to average 2.3% in 2018, which is unchanged from last month’s forecast. They see inflation averaging 3.0% in 2019.

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

Bond Yield3.800.0 %Aug 07
Exchange Rate111.7-0.31 %Aug 07
Stock Market1,511-0.44 %Aug 07

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