Inflation Serbia 2015
Average inflation: 1.4%
Current Inflation
Inflation is low at 1.4%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in August at 2.1%. The lowest inflation was in January at 0.1%.
- Highest month
- August: 2.1%
- Lowest month
- January: 0.1%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 3.9%. The lowest price increase was in Core inflation with an average of 1.6%.
- Highest increase
- Energy: 3.9%
- Lowest increase
- Core inflation: 1.6%
Historical Context
Current inflation is 4.6% lower than the 5-year average of 6.0%. This approaches the lowest level since records began (1.4% in 2015).
- 5-year average
- 6%
- 10-year average
- 7.1%
- All-time high (2008)
- 12.5%
- All-time low (2015)
- 1.4%
Trend
Inflation shows a downward trend. Compared to 2014, inflation has fallen by +0.7 percentage point.
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- January: -3.0 percentage points
ECB Target
Inflation is 0.6% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | 0.1% | -3.0 |
| February | 0.8% | -1.8 |
| March | 1.8% | -0.5 |
| April | 1.8% | -0.2 |
| May | 1.5% | -0.6 |
| June | 1.9% | +0.7 |
| July | 1.1% | -0.9 |
| August | 2.1% | +0.6 |
| September | 1.4% | -0.7 |
| October | 1.4% | -0.4 |
| November | 1.3% | -1.1 |
| December | 1.6% | -0.2 |
| Average | 1.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.