Serbia’s producer prices jumped by 10.5% year-on-year in September 2026 from 9.0% in the previous month. This marked the highest level since January 2023, driven largely by stronger inflation for energy (23.6% vs 19.3% in August), intermediate goods (5.6% vs 5.4%), capital goods (5.4% vs 5.3%), consumer durables (13.3% vs 10.1%), and non-durable consumer goods (2.2% vs 1.9%). By sector, costs increased in the manufacturing industry (12.0% vs 10.3%), lifted by gains in wood and wood products (6.3% vs 4.6%), coke and oil derivatives (68.8% vs 56.5%), and chemical and chemical products (15.5% vs 14.8%). Moreover, prices grew in mining and quarrying (24.1% vs 12.0%), while growth remained steady in water supply, sewerage, waste management, and remediation activities (at 5.8%). In contrast, inflation moderated in electricity, gas, steam, and air-conditioning supply (3.8% vs 3.9%). On a monthly basis, producer prices rose by 1.6%, easing from 1.9% in August. source: Statistical Office of the Republic of Serbia

Producer Prices in Serbia increased 10.50 percent in September of 2026 over the same month in the previous year. Producer Prices Change in Serbia averaged 5.14 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. This page provides - Serbia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Producer Prices in Serbia increased 10.50 percent in September of 2026 over the same month in the previous year. Producer Prices Change in Serbia is expected to be 9.00 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 4.00 percent in 2027 and 2.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-04 10:00 AM
PPI YoY
Aug 9% 6.2% 6.3%
2026-10-05 10:00 AM
PPI YoY
Sep 10.5% 9% 10.0%
2026-11-05 11:00 AM
PPI YoY
Oct 10.5%


Related Last Previous Unit Reference
CPI 103.80 103.50 points Sep 2026
CPI Housing Utilities 109.10 108.70 points Sep 2026
CPI Transportation 110.20 108.90 points Sep 2026
Food Inflation -1.30 -6.30 percent Sep 2026
Inflation Rate YoY 4.10 2.20 percent Sep 2026
Inflation Rate MoM 0.20 0.50 percent Sep 2026
PPI YoY 10.50 9.00 percent Sep 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
10.50 9.00 19.80 -4.10 2007 - 2026 percent Monthly

News Stream
Serbia Producer Inflation Rises at Fastest Pace Since 2023
Serbia’s producer prices jumped by 10.5% year-on-year in September 2026 from 9.0% in the previous month. This marked the highest level since January 2023, driven largely by stronger inflation for energy (23.6% vs 19.3% in August), intermediate goods (5.6% vs 5.4%), capital goods (5.4% vs 5.3%), consumer durables (13.3% vs 10.1%), and non-durable consumer goods (2.2% vs 1.9%). By sector, costs increased in the manufacturing industry (12.0% vs 10.3%), lifted by gains in wood and wood products (6.3% vs 4.6%), coke and oil derivatives (68.8% vs 56.5%), and chemical and chemical products (15.5% vs 14.8%). Moreover, prices grew in mining and quarrying (24.1% vs 12.0%), while growth remained steady in water supply, sewerage, waste management, and remediation activities (at 5.8%). In contrast, inflation moderated in electricity, gas, steam, and air-conditioning supply (3.8% vs 3.9%). On a monthly basis, producer prices rose by 1.6%, easing from 1.9% in August.
2026-10-05
Serbia Producer Inflation Highest Since 2023
Producer prices in Serbia rose 9% year-on-year in August 2026, the most since February 2023, following a 6.2% gain in July. Producer price inflation accelerated in manufacturing (10.3% vs 6.8%), mining and quarrying (12% vs 8.5%), and water supply, sewerage, waste management and remediation activities (5.8% vs 3.9%). On the other hand, inflation slowed for electricity, gas, steam and air conditioning supply (3.9% vs 5.8%). Compared to the previous month, the PPI increased 1.9%.
2026-09-04
Serbia Producer Inflation Cools Further in July
Serbia's producer prices increased 6.2% year-on-year in July 2026, easing from a 7% rise in June and marking the second consecutive month of moderation. The slowdown was driven by softer inflation for energy (12% vs 14.9%) and intermediate goods (4.6% vs 5%), while durable consumer goods returned to positive territory (0.8% vs -5.5%). In contrast, price growth accelerated for capital goods (5% vs 4.1%), while inflation for non-durable consumer goods was unchanged at 1.6%. By sector, producer price inflation eased in manufacturing (6.8% vs 7.9%). However, inflation accelerated in electricity, gas, steam and air conditioning supply (5.8% vs 4.4%) and edged up in mining and quarrying (8.5% vs 8.4%), while remaining steady in water supply, sewerage, waste management and remediation activities (3.9%). On a monthly basis, producer prices fell 0.2%, following a 0.9% decline in June.
2026-08-05