NBS: Short-term inflation expectations range from 3.4 pct to 5.8 pct

BELGRADE - According to a November Ninamedia survey, both short- and medium-term inflation expectations of the Serbian financial sector are moving around the NBS target midpoint (3±1.5 pct), the National Bank of Serbia (NBS) has said.

"One-year ahead inflation expectations edged up slightly from 3.2 pct in October to 3.4 pct in November. Two-year ahead expectations of the financial sector fell from 3.3 pct in October to 3.0 pct in November, while three-year ahead expectations stayed unchanged at 3.0 pct," the NBS also said.

"According to the December Bloomberg survey results, one-year ahead inflation expectations of the financial sector stood at 4.0 pct (3.5 pct in November).

Short-term inflation expectations of the corporate sector rose from 5.0 pct in October to 5.8 pct in November according to Ninamedia.

Medium-term corporate inflation expectations stayed unchanged in the November survey from a month earlier, at 5.0 pct. These expectations have moved within the 4.0–5.0 pct range since end-2023," the central bank also said.