Serbia's producer price inflation rose 1.5% year-on-year in October 2025, down from September’s eight-month high of 1.8%. This marked the fifth consecutive month of producer price growth since February. Prices rose at a softer rate for manufacturing (0.6% vs 1.7% in September), while costs dropped further for mining & quarrying (-5.4% vs -3.4%). In contrast, prices rose faster for electricity, gas, steam and air condition supply (3.9% vs 1.2%) and water supply; sewerage, waste management & remediation activities (20.2% vs 19.9%). On a monthly basis, producer prices advanced by 0.5% in October, following a 0.2% increase in the previous month.