Serbia’s retail sales rose 8.8% year-on-year in September 2026, accelerating from a 6.3% increase in August and marking the strongest growth since March. Sales of food, beverages and tobacco increased 12.7%, compared with 9.0% in August, while non-food product sales grew 5.7%, up from 2.8%. Growth in automotive fuel sales at specialized stores moderated to 5.6% from 6.2% in August. On a monthly basis, retail sales fell 0.9% in September after declining 0.7% in August.