Serbie Taux d'inflation

The annual inflation rate in Serbia rose to 4.6% in June 2025, the highest in five months, up from 3.8% in the previous month. The acceleration was mainly driven by faster price increases in food and non-alcoholic beverages (7.4% vs 5.7% in May), housing and utilities (3.4% vs 3.3%), recreation and culture (3.9% vs 3.6%), and miscellaneous goods and services (3.7% vs 3.4%), while a slower pace of deflation in transport (-1.2% vs -3.4%) also contributed. In contrast, these gains were partially offset by easing inflation in alcoholic beverages, tobacco and narcotics (6.4% vs 6.9%) and clothing and footwear (4.9% vs 5.5%). On a monthly basis, consumer prices rose 0.9%, the fastest pace since May 2023, following a 0.2% uptick in May.