Prices of goods and services used for personal consumption in January 2025 in relation to December 2024 increased by 0.6% on average.

Input prices in agriculture in IV Quarter 2024 were increased by 1.2% in relation to IV Quarter 2023.

In December 2024, the number of 2 661 building permits was issued, presenting the increase of 6.0% when compared to December 2022. Out of the total number of permits issued in December 2024, 82.5% related to buildings, and 17.5% to civil engineering constructions. When only buildings are concerned, 82.3% of permits related to residential buildings, and 17.7% to non–residential ones, while regarding civil engineering constructions the largest number related to pipelines, communication and electric power lines (70.9%).

According to the data presented in this statistical release, in the Republic of Serbia, as of December 1^st 2024 and relative to the data as of December 1^st 2023, total number of cattle decreased by 3.7%, while the total numbers of pigs, sheep and poultry increased by  9.7%, 2.5% and 3.5%, respectively.

Producer prices of agricultural and fishing products in December 2024, compared to the same month of 2023 were increased by 1.7% average.

According to the data collected in the fourth quarter of 2024, value of construction works done on the territory of the Republic of Serbia decreased by 0.4% at current prices, while the decrease at constant prices amounted to 1.9% relative to the fourth quarter 2023.

Observed by types of construction, value of construction works in this quarter increased relative to the same quarter last year, on buildings by 11.9%, and decreased by 8.6% on civil engineering, at constant prices.

The overall external trade in the Republic of Serbia for the period January-December 2024 amounted to:

   - USD 73831.8 million - which was an increase of 4.3% compared to the same period last year;

   - EUR 68189.6 million - which was an increase of 4.1% compared to the same period last year.

In the 4^th quarter of 2024, real GDP increased by 3.3% in comparison to the corresponding period of the previous year.

The calculation of quarterly GDP for the 4^th quarter 2024, which is more detailed and compiled at lower levels of aggregation, will be published in statistical release Quarterly GDP in the Republic of Serbia on February 28, 2025.