Makrognosis

Serbia Inflation Rate (CPI)

MonthlyNot seasonally adjustedCode RS.CPI.M.NSA

Latest (y/y)4.3%October 2026
Previous (y/y)4.0%September 2026
Level104.6October 2026

Serbia Inflation Rate (CPI) was up 4.3% year on year in October 2026, compared with 4.0% in September 2026.

The level stood at 104.6 (index 2025=100).

That is the highest reading since August 2025.

Among the 80 economies Makrognosis covers on this measure, it is the 36th highest.

Over the past ten years it has ranged from 0.7% (Apr 2020) to 16.2% (Mar 2023), averaging 4.8%.

Serbia Inflation Rate (CPI), annual % change, Jan 2008 – Oct 20260%5%10%15%2010201520202025Robomacro
Serbia Inflation Rate (CPI), annual % change, Jan 2008 – Oct 2026. Source: Statistical Office of the Republic of Serbia (SORS).
Serbia Inflation Rate (CPI), level (index 2025=100)204060801002010201520202025Robomacro
Serbia Inflation Rate (CPI), level (index 2025=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
October 2026104.64.3
September 2026103.84.0
August 2026103.52.1
July 2026103.01.8
June 2026103.12.6
May 2026103.03.4
April 2026102.63.2
March 2026101.82.7
February 2026101.32.3
January 2026100.82.3
December 2025100.62.7
November 2025100.52.8
October 2025100.32.8
September 202599.802.9
August 2025101.44.7
July 2025101.24.9
June 2025100.54.6
May 202599.623.8
April 202599.414.0
March 202599.104.3
February 202599.034.5
January 202598.544.6
December 202497.944.3
November 202497.804.3

Last 24 observations. The full history (238 observations) is available through the API.

Get Serbia Inflation Rate (CPI) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/RS.CPI.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/RS.CPI.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationOctober 2026
First observationJanuary 2007
Observations238
FrequencyMonthly
Unitsindex 2025=100
AdjustmentNot seasonally adjusted
10-year high16.2% (Mar 2023)
10-year low0.7% (Apr 2020)
10-year average4.8%
Source agencyStatistical Office of the Republic of Serbia (SORS)
Makrognosis codeRS.CPI.M.NSA

Inflation Rate (CPI): how Serbia compares

#EconomyPeriodLatest
1VenezuelaOct 2026376.9%
2SudanDec 202568.1%
3ArgentinaOct 202633.1%
4TurkeyOct 202629.8%
5HaitiSep 202616.4%
31South AfricaSep 20264.5%
32ChileOct 20264.5%
33CyprusOct 20264.4%
34AustraliaSep 20264.3%
35IrelandOct 20264.3%
36SerbiaOct 20264.3%
37EstoniaOct 20264.2%
38ThailandOct 20263.9%
39PolandSep 20263.9%
40PortugalOct 20263.8%
41MexicoOct 20263.8%
42New ZealandSep 20263.7%

Inflation Rate (CPI) by country: all 80 economies ranked →

More Serbia Inflation Rate (CPI) series

Serbia HICP: Alcohol, tobacco & narcotics (2025=100)Serbia HICP: All-items excl. energy & seasonal food (2025=100)Serbia HICP: All-items excl. energy & unprocessed food (2025=100)Serbia HICP: All-items excl. energy (2025=100)Serbia HICP: All-items excl. tobacco (2025=100)Serbia HICP: Clothing & footwear (2025=100)Serbia HICP: Education services (2025=100)Serbia HICP: Energy (2025=100)Serbia HICP: Food & non-alcoholic beverages (2025=100)Serbia HICP: Food (2025=100)Serbia HICP: Furnishings & household equipment (2025=100)Serbia HICP: Health (2025=100)Serbia HICP: Housing, water, electricity & fuels (2025=100)Serbia HICP: Industrial goods (2025=100)Serbia HICP: Information & communication (2025=100)Serbia HICP: Insurance & financial services (2025=100)Serbia HICP: Non-energy industrial goods (2025=100)Serbia HICP: Personal care & misc. goods/services (2025=100)Serbia HICP: Recreation, sport & culture (2025=100)Serbia HICP: Restaurants & accommodation (2025=100)

Other Serbia indicators

Serbia GDP (Gross Domestic Product)Serbia Nominal GDP at current prices, annual (RZS)Serbia Nominal GDP at current prices, quarterly, not seasonally adjusted (RZS)Serbia Real GDP, chain-linked volumes (reference year 2021), annual (RZS)Serbia Core Inflation RateSerbia 10-Year Government Bond YieldSerbia Credit Rating & Sovereign Risk ScoreSerbia Industrial ProductionSerbia Retail SalesSerbia Current account balance (BPM6, vs rest of world), not seasonally adjusted, million EURSerbia GDP implicit deflator, 2010=100, seasonally and calendar adjustedSerbia Population, 1 JanuarySerbia Sovereign Bond Spread vs US Treasuries

FAQ

What is the current inflation Rate (CPI) in Serbia?
The latest reading is 4.3% year on year for October 2026, published by Statistical Office of the Republic of Serbia (SORS).
Where does this data come from?
It is collected directly from Statistical Office of the Republic of Serbia (SORS) and is available through the Makrognosis API under the code RS.CPI.M.NSA.

Last updated 2026-11-12. Source: Statistical Office of the Republic of Serbia (SORS). Original title: “Serbia CPI all items (SORS, 2025=100)”.