Serbia Producer Prices Rise the Most Since 2023

2026-05-05 10:13 By Mariene Camarillo 1 min. read

Serbia’s producer prices advanced 7.8% year-on-year in April 2026, following a 5.3% rise in the previous month.

This marked the highest reading since February 2023, lifted by higher costs in manufacturing (8.5% vs 5.6% in March), particularly in the manufacture of tobacco products (10.5% vs 6.7%), garments (1.9% vs 1.8%), coke and oil derivatives (56.2% vs 30.3%), chemicals and chemical products (16.1% vs 5.4%), and base metals (7.1% vs 6.9%).

At the same time, prices jumped in mining and quarrying (21.1% vs 11%), while costs remained stable for electricity, gas, steam, and air-conditioning supply at 3.9%.

Meanwhile, inflation moderated for water supply, sewerage, waste management, and remediation activities (4.4% vs 4.7%).

On a monthly basis, producer prices rose by 2.1% in April, easing from a 4.9% growth in the preceding period.



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Serbia Producer Prices Rise the Most Since 2023
Serbia’s producer prices advanced 7.8% year-on-year in April 2026, following a 5.3% rise in the previous month. This marked the highest reading since February 2023, lifted by higher costs in manufacturing (8.5% vs 5.6% in March), particularly in the manufacture of tobacco products (10.5% vs 6.7%), garments (1.9% vs 1.8%), coke and oil derivatives (56.2% vs 30.3%), chemicals and chemical products (16.1% vs 5.4%), and base metals (7.1% vs 6.9%). At the same time, prices jumped in mining and quarrying (21.1% vs 11%), while costs remained stable for electricity, gas, steam, and air-conditioning supply at 3.9%. Meanwhile, inflation moderated for water supply, sewerage, waste management, and remediation activities (4.4% vs 4.7%). On a monthly basis, producer prices rose by 2.1% in April, easing from a 4.9% growth in the preceding period.
2026-05-05
Serbia Producer Prices Highest in 3 Years
Serbia’s producer prices rose by 5.3% year-on-year in March 2026, following a 0.2% growth in the previous month. This marked the highest reading since March 2023, as prices rebounded sharply in mining and quarrying (11% vs. -4.7% in February) and manufacturing (5.6% vs. -0.8%), particularly in the manufacture of coke and refined petroleum products (30.3% vs. -17.6%), chemicals and chemical products (5.4% vs. -0.9%), and beverages (4.5% vs. 2.7%). At the same time, prices remained stable for electricity, gas, steam, and air-conditioning supply at 3.9%. Meanwhile, inflation slowed in water supply, sewerage, waste management, and remediation activities (4.7% vs. 6%). On a monthly basis, producer prices increased by 4.9% in March, up from a 0.2% rise in the previous period.
2026-04-06
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.
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