Inflation Serbia 2014
Average inflation: 2.1%
Current Inflation
Inflation is normal at 2.1%, around the ECB target.
Peak and Trough
The highest inflation was in January at 3.1%. The lowest inflation was in June at 1.2%.
- Highest month
- January: 3.1%
- Lowest month
- June: 1.2%
- Difference
- 1.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 5.3%. The lowest price increase was in Food with an average of -0.9%.
- Highest increase
- Energy: 5.3%
- Lowest increase
- Food: -0.9%
Historical Context
Current inflation is 4.8% lower than the 5-year average of 6.9%. This approaches the lowest level since records began (2.1% in 2014).
- 5-year average
- 6.9%
- 10-year average
- 7.9%
- All-time high (2008)
- 12.5%
- All-time low (2014)
- 2.1%
Trend
Inflation shows a downward trend. Compared to 2013, inflation has fallen by +5.8 percentage point.
- Change vs. previous year
- -5.8 percentage points
- Largest monthly swing
- February: -9.9 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 3.1% | -9.7 |
| February | 2.6% | -9.9 |
| March | 2.3% | -8.9 |
| April | 2.0% | -9.5 |
| May | 2.1% | -7.9 |
| June | 1.2% | -8.5 |
| July | 2.0% | -6.6 |
| August | 1.5% | -5.8 |
| September | 2.1% | -2.7 |
| October | 1.8% | -0.4 |
| November | 2.4% | +0.8 |
| December | 1.8% | -0.4 |
| Average | 2.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.