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. source: Statistical Office of the Republic of Serbia

Producer Prices in Serbia increased 1.70 percent in December of 2025 over the same month in the previous year. Producer Prices Change in Serbia averaged 5.10 percent from 2007 until 2025, 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 February of 2026.

Producer Prices in Serbia increased 1.70 percent in December of 2025 over the same month in the previous year. Producer Prices Change in Serbia is expected to be 2.50 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, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-05 11:00 AM
PPI YoY
Nov 2.1% 1.5% 1.3%
2026-01-05 11:00 AM
PPI YoY
Dec 1.7% 2.1% 2.0%
2026-02-20 11:00 AM
PPI YoY
Jan 1.7%


Related Last Previous Unit Reference
CPI 288.00 287.70 points Dec 2025
CPI Housing Utilities 347.90 346.70 points Dec 2025
CPI Transportation 219.70 220.30 points Dec 2025
Food Inflation -0.90 -0.70 percent Dec 2025
Inflation Rate YoY 2.70 2.80 percent Dec 2025
Inflation Rate MoM 0.10 0.20 percent Dec 2025
PPI YoY 1.70 2.10 percent Dec 2025


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
1.70 2.10 19.80 -4.10 2007 - 2025 percent Monthly

News Stream
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
Serbia Producer Inflation Highest in 8 Months
Serbia’s producer prices rose by 1.8% year-on-year in September 2025, accelerating from a 0.8% increase in the previous month. This marked the strongest growth since January, mainly driven by faster price increases in the manufacturing (1.7% vs 0.4% in August) and electricity, gas, steam, and air conditioning supply sector (1.2% vs 1.1%). Additionally, costs declined at a softer pace for mining (-3.4% vs -5.6%). On a monthly basis, producer prices advanced by 0.2% in September, rebounding from a 0.6% decrease in the preceding period.
2025-10-06