Predominantly determined by the price of onions, potatoes, peppers, tomatoes and carrots

Serbia sees y-o-y increase in the price of vegetables

In the first half of the year, the average y-o-y growth in Serbian consumer prices was 15.3%. Products that had the biggest impact on the growth of total consumer prices included vegetables. The y-o-y increase in the price of vegetables (30.7%) was predominantly determined by the price of onions, potatoes (especially red), peppers, tomatoes and carrots. After the first half of 2023, cabbage is the only vegetable that had a deflationary impact on the total price of vegetables, and that by a full percentage point less.

Green markets in Serbia have 16% market share in the total turnover and sale of agricultural products. That is a downward trend in the last 10 years and is due to the change in consumer habits and the expansion of large retail chains, stated Serbian Chamber of Commerce (PKS).


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