Inflation Serbia 2013

Average inflation: 7.9%

Current Inflation

Inflation is very high at 7.9%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 12.8%. The lowest inflation was in November at 1.6%.

Highest month
January: 12.8%
Lowest month
November: 1.6%
Difference
11.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Core inflation with an average of 8.0%. The lowest price increase was in Energy with an average of 7.7%.

Highest increase
Core inflation: 8.0%
Lowest increase
Energy: 7.7%

Historical Context

Current inflation is around the 5-year average of 8.1%.

5-year average
8.1%
10-year average
8.9%
All-time high (2008)
12.5%
All-time low (2010)
6.1%

Trend

Inflation shows a downward trend. Compared to 2012, inflation has fallen by +0.6 percentage point.

Change vs. previous year
+0.6 percentage points
Largest monthly swing
October: -10.7 percentage points

ECB Target

Inflation is 5.9% 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 €107.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2013

Inflation by category

Food
8.0%
+0.1vs avg.
More details →
Energy
7.7%
-0.2vs avg.
More details →
Core inflation
8.0%
+0.1vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2012
January 12.8% +7.2
February 12.5% +7.5
March 11.2% +7.8
April 11.5% +8.6
May 10.0% +6.0
June 9.7% +4.2
July 8.6% +2.5
August 7.3% -0.7
September 4.8% -5.5
October 2.2% -10.7
November 1.6% -10.3
December 2.2% -10.0
Average 7.9%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also