Inflation came in at 15.8% in January (December: 15.1%). Double-digit inflation is expected to continue in H1 amid the pass-through of previous high costs. Inflation should return to single digits in H2 due to monetary tightening and the reduction of imported inflation. Commodity price swings are a risk.
Serbia Exchange Rate (RSD per EUR, aop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (RSD per EUR, aop) | 121.44 | 118.24 | 117.83 | 117.58 | 117.58 |