Producer Prices in Serbia increased 0.20 percent in February of 2026 over the same month in the previous year. Producer Prices Change in Serbia averaged 5.06 percent from 2007 until 2026, reaching an all time high of 19.80 percent in July of 2022 and a record low of -4.10 percent in May of 2020. source: Statistical Office of the Republic of Serbia

Producer Prices Change in Serbia is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Producer Prices Change is projected to trend around 2.40 percent in 2027 and 2.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-20 11:00 AM
PPI YoY
Jan -0.3% 1.7% 1.8%
2026-03-05 11:00 AM
PPI YoY
Feb 0.2% -0.3% 1.9%
2026-04-06 10:00 AM
PPI YoY
Mar 0.2% 2.2%


Related Last Previous Unit Reference
CPI 101.30 100.80 points Feb 2026
CPI Housing Utilities 107.00 106.30 points Feb 2026
CPI Transportation 100.80 99.90 points Feb 2026
Food Inflation -0.70 -1.02 percent Feb 2026
Inflation Rate YoY 2.50 2.40 percent Feb 2026
Inflation Rate MoM 0.50 0.30 percent Feb 2026
PPI YoY 0.20 -0.30 percent Feb 2026


Serbia Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
0.20 -0.30 19.80 -4.10 2007 - 2026 percent Monthly

News Stream
Serbia Producer Prices Slip in January
Serbia’s producer prices fell by 0.3% year-on-year in January 2026, reversing a 1.7% rise in December. It marked the first producer deflation since May 2025, as prices slipped for manufacturing (-1.3% vs 0.8% in December), particularly manufacture of chemicals and chemical products (-1.2% vs 2.5%) and machinery and equipment nec (-0.2% vs 1.8%). Overall producer deflation was also weighed down by slowdowns in prices of electricity, gas, steam, and air-conditioning supply (3.9% vs 4%) and water supply, sewerage, waste management, and remediation activities (5.2% vs 21.4%). In addition, deflation worsened for mining and quarrying (-8.7% vs -6.7%). On a monthly basis, consumer prices declined 0.2% in January, slowing from a 0.4% fall in the previous month.
2026-02-20
Serbia Producer Inflation Eases in December
Serbia’s producer prices rose by 1.7% year-on-year in December 2025, easing from a ten-month high of 2.1% increase in the previous month. Main downward pressure came from an ongoing deflation in mining and quarrying, which dropped by 6.7%, slipping further from a 5.8% fall in November. At the same time, producer inflation slowed in the manufacturing sector (0.8% vs 1.3%), mainly driven by lower costs for the manufacture of coke and refined petroleum products and other transport equipment. On the other hand, prices continued to rise sharply for water supply; sewerage, waste management & remediation activities (21.4% vs 21.2%), while growth remained steady for electricity, gas, steam and air condition supply (at 4%). On a monthly basis, producer prices declined by 0.4% in December, the first drop in four months and reversing a 0.7% gain in the preceding period.
2026-01-05
Serbia Producer Inflation Eases in October
Serbia's producer price inflation rose 1.5% year-on-year in October 2025, down from September’s eight-month high of 1.8%. This marked the fifth consecutive month of producer price growth since February. Prices rose at a softer rate for manufacturing (0.6% vs 1.7% in September), while costs dropped further for mining & quarrying (-5.4% vs -3.4%). In contrast, prices rose faster for electricity, gas, steam and air condition supply (3.9% vs 1.2%) and water supply; sewerage, waste management & remediation activities (20.2% vs 19.9%). On a monthly basis, producer prices advanced by 0.5% in October, following a 0.2% increase in the previous month.
2025-11-05