Inflation Serbia 2012
Average inflation: 7.3%
Current Inflation
Inflation is very high at 7.3%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 12.9%. The lowest inflation was in April at 2.9%.
- Highest month
- October: 12.9%
- Lowest month
- April: 2.9%
- Difference
- 10.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 7.0%. The lowest price increase was in Core inflation with an average of 6.0%.
- Highest increase
- Food: 7.0%
- Lowest increase
- Core inflation: 6.0%
Historical Context
Current inflation is 1.8% lower than the 5-year average of 9.1%.
- 5-year average
- 9.1%
- 10-year average
- 9.1%
- All-time high (2008)
- 12.5%
- All-time low (2010)
- 6.1%
Trend
Inflation shows an upward trend. Compared to 2011, inflation has risen by -3.9 percentage point.
- Change vs. previous year
- -3.9 percentage points
- Largest monthly swing
- April: -11.8 percentage points
ECB Target
Inflation is 5.3% 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 €107.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 5.6% | -5.7 |
| February | 5.0% | -7.5 |
| March | 3.4% | -10.7 |
| April | 2.9% | -11.8 |
| May | 4.0% | -9.4 |
| June | 5.5% | -7.2 |
| July | 6.1% | -6.1 |
| August | 8.0% | -2.5 |
| September | 10.3% | +1.0 |
| October | 12.9% | +4.2 |
| November | 11.9% | +3.8 |
| December | 12.2% | +5.2 |
| Average | 7.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.