Serbia Inflation Rate

Last Release

Jun 30, 2025

Actual

4.6

Units In

3.8

Frequency

Monthly

Next Release

Aug 12, 2025

Time to Release

30 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
16.2 Mar 2023	0.1 Jan 2015	5.81 %	2007-2025	Statistical Office of the Republic of Serbia

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.

Latest Updates

The annual inflation rate in Serbia rose to 4.6% in June 2025, the highest in five months, up from 3.8% in the previous month. The acceleration was mainly driven by faster price increases in food and non-alcoholic beverages (7.4% vs 5.7% in May), housing and utilities (3.4% vs 3.3%), recreation and culture (3.9% vs 3.6%), and miscellaneous goods and services (3.7% vs 3.4%), while a slower pace of deflation in transport (-1.2% vs -3.4%) also contributed. In contrast, these gains were partially offset by easing inflation in alcoholic beverages, tobacco and narcotics (6.4% vs 6.9%) and clothing and footwear (4.9% vs 5.5%). On a monthly basis, consumer prices rose 0.9%, the fastest pace since May 2023, following a 0.2% uptick in May.