Serbia’s consumer price inflation moderated in September 2026, with the month-over-month Consumer Price Index (CPI) increasing by 0.20%, down from a 0.50% rise in August 2026. The latest data, updated on 12 October 2026, indicate a noticeable easing in short-term price pressures across the economy.
On a month-over-month basis, the September reading shows that prices continued to rise, but at a slower pace compared with the previous month. In August, the 0.50% increase reflected a stronger acceleration from July, while September’s 0.20% gain suggests a cooling in the momentum of price growth.
The data use a month-over-month comparison framework, where “Actual” refers to the change in prices in September relative to August, and “Previous” refers to August’s change compared with July. This deceleration in the CPI may signal a stabilizing inflation environment in Serbia heading into the final quarter of 2026, though further data will be needed to confirm whether the trend continues.
