Inflation in Serbia
Serbia - Inflation
Inflation climbs higher in December
Consumer prices increased 0.5% month-on-month in December, down from the 0.2% rise in November. The reading was driven by a sharp rise in prices of food and non-alcoholic beverages, and housing and utilities. Conversely, prices for transport, restaurant and hotels, and communication fell in the month.
Inflation rose to 1.9% in December from 1.5% in November, edging further within the lower half of the Central Bank’s target band of 3.0% plus or minus 1.5 percentage points. On the other hand, core inflation—which excludes the more volatile components energy, food, alcohol and tobacco—edged down to 1.1% in December from 1.2%. On the whole, annual average inflation clocked in at 1.9% in 2019, down from 2.0% in 2018.
FocusEconomics Consensus Forecast panelists expect inflation to average 2.0% in 2020, which is down 0.1 percentage points from last month’s forecast, and to average 2.4% in 2021.
Serbia - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 7.9 | 2.1 | 1.4 | 1.1 | 3.2 |
Serbia Inflation Chart
Source: Statistical Office
Serbia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.05 | 0.0 % | Dec 31 |
| Exchange Rate | 104.9 | -0.31 % | Jan 01 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
Serbia: Inflation climbs higher in December
January 13, 2020
Consumer prices increased 0.5% month-on-month in December, down from the 0.2% rise in November.
Serbia: National Bank of Serbia keeps policy rate on hold in January
January 9, 2020
At its 9 January monetary policy meeting, the executive board of the National Bank of Serbia (NBS) kept the key policy rate at a record low of 2.25%.
Serbia: Industrial sector gains ground in November
December 29, 2019
Industrial production grew 1.1% year-on-year in November, up from the 0.5% increase in October.
Serbia: Inflationary pressures intensify in November
December 12, 2019
Consumer price rose by 0.2% over the prior month in November, up from the 0.1% increase in October.
Serbia: National Bank Serbia stands pat in December
December 12, 2019
At its 12 December monetary policy meeting, the executive board of the National Bank of Serbia (NBS) decided to keep the key policy rate at a record low of 2.25%.
© Copyright: 2020 | Serbia Inflation | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
