Serbia Inflation Rate  2007-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Serbia increased 1.6 percent year-on-year in December of 2016, following a 1.5 percent rise in November and reaching the highest since January. For 2017, the central bank targets inflation between 1.5 and 4.5 percent from 2.5 to 5.5 percent in 2016. On a monthly basis, consumer prices fell 0.1 percent for the second straight time, mainly due to cost of food and non-alcoholic beverages (-1 percent from -0.7 percent in November); restaurants and hotels (-0.2 percent from -0.3 percent); recreation and culture (-0.2 percent from +0.2 percent); health (-0.1 percent from +0.1 percent) and education (-0.1 percent from +0.1 percent). In contrast, prices rose for transport (1 percent from 0.3 percent); clothing and footwear (0.3 percent from 0.9 percent); housing, water, electricity, gas and other fuels (0.2 percent from 0.3 percent) and furnishings, household equipment and routine household maintenance (0.1 percent from 0.2 percent). Inflation Rate in Serbia averaged 6.37 percent from 2007 until 2016, 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.

Serbia Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-14 11:00 AM Oct 1.5% 0.6% 1% 0.9%
2016-12-12 11:00 AM Nov 1.5% 1.5% 1.7% 1.6%
2017-01-12 11:00 AM Dec 1.6% 1.5% 1.6% 1.18%
2017-02-23 11:00 AM Jan 1.6% 1.22%
2017-03-13 11:00 AM Feb 1.43%
2017-04-12 10:00 AM Mar 1.33%




Serbia Prices Last Previous Highest Lowest Unit
Inflation Rate 1.60 1.50 14.90 0.10 percent [+]
Consumer Price Index CPI 185.60 185.90 186.10 101.90 Index Points [+]
Inflation Rate Mom -0.10 -0.10 2.80 -1.10 percent [+]
Food Inflation 0.70 0.80 32.20 -4.38 percent [+]
Cpi Transportation 167.40 165.80 170.90 96.60 Index Points [+]



Serbia Inflation Rate Notes

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. This page provides - Serbia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.50 14.90 0.10 2007 - 2016 percent Monthly
2006=100



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Denmark 0.50 Dec/16
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Dominican Republic 1.70 Dec/16
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Egypt 23.30 Dec/16
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India 3.41 Dec/16
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Israel -0.20 Dec/16
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Japan 0.50 Nov/16
Jordan 0.80 Dec/16
Kazakhstan 8.50 Dec/16
Kenya 6.35 Dec/16
Kosovo 1.30 Dec/16
Kuwait 3.40 Nov/16
Kyrgyzstan -0.50 Dec/16
Laos 2.09 Nov/16
Latvia 2.20 Dec/16
Lebanon 1.78 Nov/16
Lesotho 5.70 Nov/16
Liberia 8.50 Sep/16
Libya 27.40 Jun/16
Liechtenstein -0.30 Nov/16
Lithuania 1.70 Dec/16
Luxembourg 1.10 Dec/16
Macau 1.53 Nov/16
Macedonia -0.20 Dec/16
Madagascar 6.70 Sep/16
Malawi 19.90 Nov/16
Malaysia 1.80 Dec/16
Maldives 1.20 Oct/16
Mali -0.70 Nov/16
Malta 1.00 Dec/16
Mauritania 2.70 Nov/16
Mauritius 2.30 Dec/16
Mexico 3.36 Dec/16
Moldova 2.40 Dec/16
Mongolia 1.10 Dec/16
Montenegro 0.90 Dec/16
Morocco 1.90 Nov/16
Mozambique 25.27 Dec/16
Myanmar 10.89 Apr/16
Namibia 7.30 Dec/16
Nepal 4.80 Nov/16
Netherlands 1.00 Dec/16
New Caledonia -0.10 Nov/16
New Zealand 0.40 Sep/16
Nicaragua 3.10 Dec/16
Niger -1.90 Nov/16
Nigeria 18.55 Dec/16
North Korea 55.00 Jul/13
Norway 3.50 Dec/16
Oman 1.13 Dec/16
Pakistan 3.70 Dec/16
Palestine -1.05 Dec/16
Panama 1.50 Dec/16
Papua New Guinea 6.80 Jun/16
Paraguay 3.90 Dec/16
Peru 3.23 Dec/16
Philippines 2.60 Dec/16
Poland 0.80 Dec/16
Portugal 0.90 Dec/16
Puerto Rico 0.00 Nov/16
Qatar 1.80 Dec/16
Republic of the Congo 3.70 Apr/15
Romania -0.54 Dec/16
Russia 5.40 Dec/16
Rwanda 11.00 Dec/16
Sao Tome and Principe 6.20 Nov/16
Saudi Arabia 2.30 Nov/16
Senegal 2.10 Dec/16
Serbia 1.60 Dec/16
Seychelles -0.20 Dec/16
Sierra Leone 15.26 Nov/16
Singapore 0.00 Nov/16
Slovakia 0.20 Dec/16
Slovenia 0.50 Dec/16
Somalia -4.00 Dec/14
South Africa 6.80 Dec/16
South Korea 1.30 Dec/16
South Sudan 457.20 Nov/16
Spain 1.60 Dec/16
Sri Lanka 4.10 Dec/16
Sudan 30.47 Dec/16
Suriname 55.50 Nov/16
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Sweden 1.70 Dec/16
Switzerland 0.00 Dec/16
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Taiwan 1.70 Dec/16
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Tanzania 5.00 Dec/16
Thailand 1.13 Dec/16
Togo -0.09 Nov/16
Trinidad and Tobago 2.60 Oct/16
Tunisia 4.20 Dec/16
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Ukraine 12.40 Dec/16
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Zimbabwe -0.93 Dec/16