The annual inflation rate in Serbia decreased to 1.8 percent in September of 2020 from 1.9 percent in the previous month, below market expectations of 2 percent. Cost slowed for furniture & household equipment (0.6 percent vs 0.7 percent) and health (1.5 percent vs 1.7 percent) while transport prices continued to fall (-4.7 percent vs -4.9 percent). Meantime, inflation was steady for food & non-alcoholic beverages (at 3.5 percent); housing & utilities (at 2 percent); alcoholic beverages & tobacco (at 5.3 percent); miscellaneous goods & services (at 1 percent) and education (at 0.9 percent). On a monthly basis, consumer prices went down 0.5 percent, following a 0.1 percent drop in August. source: Statistical Office of the Republic of Serbia

Inflation Rate in Serbia averaged 5.22 percent from 2007 until 2020, reaching an all time high of 14.90 percent in June of 2008 and a record low of 0.10 percent in January of 2015. This page provides - Serbia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Inflation Rate in Serbia is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Serbia to stand at 2.30 in 12 months time. In the long-term, the Serbia Inflation Rate is projected to trend around 2.90 percent in 2021 and 3.10 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Serbia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.90 14.90 0.10 2007 - 2020 percent Monthly
2006=100


Calendar GMT Actual Previous Consensus TEForecast
2020-07-13 10:00 AM Jun 1.6% 0.7% 1% 0.9%
2020-08-12 10:00 AM Jul 2% 1.6% 1.7% 1.5%
2020-09-11 10:00 AM Aug 1.9% 2% 2.1% 1.7%
2020-10-12 10:00 AM Sep 1.8% 1.9% 2% 1.8%
2020-11-12 11:00 AM Oct
2020-12-11 11:00 AM Nov


News Stream
Serbia Inflation Rate Unexpectedly Slows in September
The annual inflation rate in Serbia decreased to 1.8 percent in September of 2020 from 1.9 percent in the previous month, below market expectations of 2 percent. Cost slowed for furniture & household equipment (0.6 percent vs 0.7 percent) and health (1.5 percent vs 1.7 percent) while transport prices continued to fall (-4.7 percent vs -4.9 percent). Meantime, inflation was steady for food & non-alcoholic beverages (at 3.5 percent); housing & utilities (at 2 percent); alcoholic beverages & tobacco (at 5.3 percent); miscellaneous goods & services (at 1 percent) and education (at 0.9 percent). On a monthly basis, consumer prices went down 0.5 percent, following a 0.1 percent drop in August.
2020-10-12
Serbia Inflation Rate Slows to 1.9% in August
Serbia's annual inflation rate fell to 1.9 percent in August 2020 from 2 percent in the previous month and below market expectations of 2.1 percent. Prices slowed for food & non-alcoholic beverages (3.5 percent vs 4.3 percent in July); housing & utilities slowed (2 percent vs 2.2 percent); and alcoholic beverages & tobacco (5.3 percent vs 6.5 percent). Meanwhile, cost advanced further for miscellaneous goods & services (1 percent vs 0.8 percent); furniture & household equipment dropped (0.7 percent vs 0.1 percent); health (1.7 percent vs 1.5 percent); and education (0.9 percent vs 0.8 percent). Also, cost of transport fell at a softer pace (-4.9 percent vs -5.8 percent). On a monthly basis, consumer prices went down 0.1 percent, after increasing 0.2 percent in the prior month and compared with market forecasts of a 0.3 percent rise.
2020-09-11
Serbia July Inflation Rate Quickens to 6-Month High
Serbia's annual inflation rate rose to 2 percent in July of 2020, the highest since January, from 1.6 percent in June and beating market expectations of 1.7 percent. Main upward pressure came from prices of alcoholic beverages & tobacco (6.5 percent vs 5.2 percent); communications (5.7 percent vs 5 percent); food & non-alcoholic beverages (4.3 percent vs 4.4 percent) and recreation & culture (5.4 percent vs 5.1 percent). Meantime, inflation remained steady for housing & utilities (at 2.2 percent). On a monthly basis, consumer prices were up 0.2 percent, decelerating from a 0.6 percent increase in the prior month and slightly exceeding market consensus of a 0.1 percent rise.
2020-08-12
Serbia Inflation Rate Rebounds More than Expected
Serbia's inflation rate rose to 1.6 percent year-on-year in June 2020 from 0.7 percent in the previous month, and comfortably above market expectations of 1.0 percent. Main upward pressure came from food & non-alcoholic beverages (4.4 percent), housing & utilities (2.2 percent), alcoholic beverages, tobacco (5.2 percent), recreation & culture (5.1 percent), and communication (5.0 percent). On a monthly basis, consumer prices climbed 0.6 percent in June, the first increase in four months and more than an expected 0.2 percent advance, as the country reopened from a coronavirus-induced lockdown.
2020-07-13

Serbia Inflation Rate
In Serbia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (32.1 percent of total weight). Housing and Utilities accounts for 13.7 percent; Transport for 12.7 percent; Alcoholic beverages and Tobacco for 7.3 percent; Recreation and Culture for 5.6 percent and Communication for 5.1 percent. Health; Miscellaneous Goods and Services; Furniture, Household Goods and Maintenance; Clothing and Footwear; Restaurants and Hotels and Education account for the remaining 23.5 percent of total weight.