disinflation

Disinflation Approaches Completion as Core Inflation Pressures Reshape Serbia’s Price Landscape

Serbia is navigating a complex phase in its inflation cycle, characterized by a transition from external shocks to structural forces influencing price dynamics. Current headline inflation has stabilized within the central bank's target range, with projections for year-end 2025 set at 2.7%, remaining in line with the target band of 3% ±1.5 percentage points into 2026. This development marks a significant departure from the double-digit inflation rates observed in the aftermath of the pandemic. However, beneath this apparent stability lies…