Serbia August CPI rises 2.2% y/y, fuel prices surge 15.4%

Serbia's consumer prices rose 2.2% year-on-year in August 2026, accelerating from the prior month, driven by a 15.4% jump in vehicle fuel and lubricant prices. The data signals persistent inflationary pressure, likely complicating the central bank's policy stance. The acceleration is modest but notable given the fuel component's sharp rise.