The inflation rate in Serbia rose by 0.8% month-on-month in April 2026 from 0.5% in the previous two months, surpassing market expectations of 0.6%. This marked the largest growth in ten months. Inflation Rate MoM in Serbia averaged 0.46 percent from 2007 until 2026, reaching an all time high of 2.80 percent in October of 2012 and a record low of -1.60 percent in September of 2025. source: Statistical Office of the Republic of Serbia

Inflation Rate MoM in Serbia is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Inflation Rate MoM is projected to trend around 0.30 percent in 2027 and 0.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-14 10:00 AM
Inflation Rate MoM
Mar 0.5% 0.5% 0.8% 0.5%
2026-05-12 10:00 AM
Inflation Rate MoM
Apr 0.8% 0.5% 0.6% 0.7%
2026-06-12 10:00 AM
Inflation Rate MoM
May 0.8% 0.1%


Related Last Previous Unit Reference
CPI 102.60 101.80 points Apr 2026
CPI Housing Utilities 107.40 107.10 points Apr 2026
CPI Transportation 105.20 103.00 points Apr 2026
Food Inflation -1.10 -1.20 percent Apr 2026
Inflation Rate YoY 3.30 2.80 percent Apr 2026
Inflation Rate MoM 0.80 0.50 percent Apr 2026
PPI YoY 7.80 5.30 percent Apr 2026


Serbia Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.50 2.80 -1.60 2007 - 2026 percent Monthly
2006=100