Serbia’s producer prices rose by 0.2% year-on-year in July 2025, following a 0.3% increase in June.

    This marked the second consecutive month of producer price growth since February, though at a slightly slower pace.

    Inflation remained unchanged in the electricity, gas, steam, and air conditioning supply sector (1.1%), while it eased slightly in water supply, sewerage, waste management, and remediation activities (20.6% vs 20.9%).

    Conversely, prices declined more sharply in mining and quarrying (-6.8% vs -5.8%) and manufacturing (-0.4% vs -0.2%).

    On a monthly basis, producer prices increased by 0.5%, accelerating from a 0.3% rise in June.

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