The annual inflation rate in Serbia slowed to 3.3 percent in June of 2021 from 3.6 percent in the previous month, which was the highest in nearly four years, but above market expectations of 3.1 percent. Cost slowed for food and non-alcoholic beverages (1.2 percent vs 2.4 percent in May) and housing & utilities inflation was steady (at 4.9 percent) while transport cost accelerated (10.2 percent vs 9.6 percent). On a monthly basis, consumer prices edged up 0.3 percent, following a 0.5 percent increase in May. source: Statistical Office of the Republic of Serbia
Inflation Rate in Serbia averaged 5.06 percent from 2007 until 2021, 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 July of 2021.
Inflation Rate in Serbia is expected to be 2.90 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 2.50 in 12 months time. In the long-term, the Serbia Inflation Rate is projected to trend around 2.20 percent in 2022 and 2.00 percent in 2023, according to our econometric models.