Inflation Serbia 2009
Average inflation: 8.2%
Current Inflation
Inflation is very high at 8.2%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 10.7%. The lowest inflation was in October at 5.2%.
- Highest month
- February: 10.7%
- Lowest month
- October: 5.2%
- Difference
- 5.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 12.2%. The lowest price increase was in Food with an average of 5.7%.
- Highest increase
- Energy: 12.2%
- Lowest increase
- Food: 5.7%
Historical Context
Current inflation is 2.2% lower than the 5-year average of 10.3%. This approaches the lowest level since records began (8.2% in 2009).
- 5-year average
- 10.3%
- 10-year average
- 10.3%
- All-time high (2008)
- 12.5%
- All-time low (2009)
- 8.2%
Trend
Inflation shows a downward trend. Compared to 2008, inflation has fallen by +4.3 percentage point.
- Change vs. previous year
- -4.3 percentage points
- Largest monthly swing
- October: -7.2 percentage points
ECB Target
Inflation is 6.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €108.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 10.0% | -1.5 |
| February | 10.7% | -1.8 |
| March | 9.5% | -4.1 |
| April | 8.8% | -5.7 |
| May | 9.1% | -5.4 |
| June | 8.3% | -6.6 |
| July | 8.5% | -5.3 |
| August | 8.0% | -3.5 |
| September | 7.3% | -3.6 |
| October | 5.2% | -7.2 |
| November | 5.8% | -5.1 |
| December | 6.6% | -2.0 |
| Average | 8.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.