Serbia Producer Prices Change

Serbia's producer prices tumbled to 0.1% year-on-year in March 2025, following a 1.1% rise in the previous month. This marked the first producer deflation since September 2024, as prices fell for manufacturing (-0.8% vs 0.7% in February) and deflation worsened for mining and quarrying (-3.4% vs -0.9%). In addition, prices edged lower for water supply, sewerage, waste management and remediation activities (20.5% vs 20.6%) while it remained unchanged for electricity, gas, steam and air-conditioning supply (1.1%). On a monthly basis, producer prices fell 0.1% in March 2025, easing from a 0.3% decline in the previous month.