Serbia inflation rate for 2023 was 12.37%, a 0.39% increase from 2022.
Serbia inflation rate for 2022 was 11.98%, a 7.9% increase from 2021.
Serbia inflation rate for 2021 was 4.09%, a 2.51% increase from 2020.
Serbia inflation rate for 2020 was 1.58%, a 0.27% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
