Serbian financial, corporate sectors expect 3.2-5 pct one-year ahead inflation

BELGRADE - According to the results of an October Ninamedia survey, short- and medium-term inflation expectations of the financial sector came close to the target band midpoint (3±1.5 pct), says the National Bank of Serbia (NBS).

"Short-term inflation expectations of the financial sector went down from 4.0 pct in September to 3.2 pct in October. According to the November Bloomberg survey, they stood at 3.5 pct (3.8 pct in October).

According to Ninamedia, two-year ahead inflation expectations of the financial sector dropped from 3.5 pct in September to 3.3 pct in October and three-year ahead expectations from 3.2 pct to 3.0 pct," the NBS said in a statement.

"One-year ahead inflation expectations of corporates remained unchanged from the previous month and stood at 5.0 pct. Medium-term corporate expectations were also unchanged (5.0 pct) in the October survey. These expectations have moved within the 4.0–5.0 pct range since end-2023," it also said.