Serbian corporate and financial sectors expect 3.6-5 pct one-year ahead inflation

BELGRADE - According to a March Ninamedia survey, one-year ahead inflation expectations of the Serbian financial sector went slightly up, from 3.9 pct in February to 4.0 pct, staying within the National Bank of Serbia (NBS) target tolerance band, the NBS has said.

"According to the latest Bloomberg survey, one-year ahead expectations inched up from 3.5 pct in March to 3.6 pct in April.

One-year ahead corporate inflation expectations stayed at 5.0 pct according to Ninamedia, which is also their average value for the past year," the NBS said in a statement.

"Two-year ahead expectations of the financial sector edged up from 3.5 pct in February to 3.6 pct in March, while those for three years ahead stayed unchanged at 3.5 pct. Medium-term inflation expectations of the corporate sector measured 4.5 pct for both two and three years ahead, staying within the 4.0–5.0 pct range recorded in the past year," it also said.