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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