Inflation Serbia 2011
Average inflation: 11.2%
Current Inflation
Inflation is very high at 11.2%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 14.7%. The lowest inflation was in December at 7.0%.
- Highest month
- April: 14.7%
- Lowest month
- December: 7.0%
- Difference
- 7.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 14.9%. The lowest price increase was in Core inflation with an average of 11.5%.
- Highest increase
- Food: 14.9%
- Lowest increase
- Core inflation: 11.5%
Historical Context
Current inflation is 1.7% higher than the 5-year average of 9.5%.
- 5-year average
- 9.5%
- 10-year average
- 9.5%
- All-time high (2008)
- 12.5%
- All-time low (2010)
- 6.1%
Trend
Inflation shows an upward trend. Compared to 2010, inflation has risen by +5.1 percentage point.
- Change vs. previous year
- +5.1 percentage points
- Largest monthly swing
- April: +10.4 percentage points
ECB Target
Inflation is 9.2% 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 €111.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 11.3% | +6.5 |
| February | 12.5% | +8.6 |
| March | 14.1% | +9.4 |
| April | 14.7% | +10.4 |
| May | 13.4% | +9.7 |
| June | 12.7% | +8.6 |
| July | 12.2% | +7.1 |
| August | 10.5% | +3.9 |
| September | 9.3% | +1.6 |
| October | 8.7% | -0.2 |
| November | 8.1% | -1.5 |
| December | 7.0% | -3.2 |
| Average | 11.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.