Inflation Serbia 2018
Average inflation: 2.0%
Current Inflation
Inflation is normal at 2.0%, around the ECB target.
Peak and Trough
The highest inflation was in August at 2.6%. The lowest inflation was in April at 1.0%.
- Highest month
- August: 2.6%
- Lowest month
- April: 1.0%
- Difference
- 1.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 1.9%. The lowest price increase was in Core inflation with an average of 1.7%.
- Highest increase
- Food: 1.9%
- Lowest increase
- Core inflation: 1.7%
Historical Context
Current inflation is around the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 5%
- All-time high (2008)
- 12.5%
- All-time low (2016)
- 1.1%
Trend
Inflation has remained relatively stable. Compared to 2017, the difference is minimal (-1.1 percentage point).
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- April: -3.0 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 €102.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 1.9% | -0.5 |
| February | 1.5% | -1.7 |
| March | 1.4% | -2.1 |
| April | 1.0% | -3.0 |
| May | 2.2% | -1.2 |
| June | 2.3% | -1.3 |
| July | 2.4% | -0.8 |
| August | 2.6% | +0.1 |
| September | 2.1% | -1.1 |
| October | 2.2% | -0.5 |
| November | 1.9% | -0.9 |
| December | 2.0% | -1.0 |
| Average | 2.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.