Serbia Inflation Rate

Last Release

Mar 31, 2025

Actual

4.4

Units In

4.5

Frequency

Monthly

Next Release

May 12, 2025

Time to Release

29 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
16.2 Mar 2023	0.1 Jan 2015	5.84 %	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 inched down to 4.4% in March 2025 from 4.5% in the previous month, compared to market forecasts of 4.45%. Price growth slowed mainly for transport (1.3% vs 2.3% in February), furnishings, household equipment and routine household maintenance (5.9% vs 6.3%), communication (1.6% vs 4.5%), recreation and culture (3.9% vs 4.5%), restaurants and hotels (8.7% vs 9%), and miscellaneous goods and services (3.7% vs 4.1%). Meanwhile, costs rose for food and non-alcoholic beverages (4.8% vs 4.3%) and housing and utilities (3.6% vs 3.4%). On a monthly basis, consumer prices edged up 0.1% in March, easing from a 0.5% rise in February and coming in below market expectations of a 0.3% increase.