Producer prices in Serbia rose 9% year-on-year in August 2026, the most since February 2023, following a 6.2% gain in July. Producer price inflation accelerated in manufacturing (10.3% vs 6.8%), mining and quarrying (12% vs 8.5%), and water supply, sewerage, waste management and remediation activities (5.8% vs 3.9%). On the other hand, inflation slowed for electricity, gas, steam and air conditioning supply (3.9% vs 5.8%). Compared to the previous month, the PPI increased 1.9%.