NBS: Serbian financial, corporate sectors expect 3-4 pct one-year ahead inflation

BELGRADE - According to a February Ninamedia survey, short-and medium-term inflation expectations of the Serbian financial sector stand at the National Bank of Serbia (NBS) midpoint target value - one-year ahead inflation expectations stayed unchanged relative to the January survey and stood at 3.0 pct for a second month in a row, the NBS said this week.

"Medium-term and two- and three-year ahead inflation expectations of the financial sector came at 3.0 pct in the February survey, almost unchanged form a month earlier (in January two-year ahead expectations amounted to 3.1 pct and three-year ahead to 3.0 pct).

According to a March Bloomberg survey, financial sector’s short-term inflation expectations declined from 3.7 pct in February to 3.5 pct in March," the central bank said in a statement.

"Medium-term corporate expectations continued moving between 4.0 pct and 5.0 pct in the past year. One-year ahead inflation expectations of the corporate sector declined from 5.0 pct in January to 4.0 pct in the February survey, according to Ninamedia. Two-year ahead corporate expectations stayed at January level, (4.0 pct), while three-year ahead expectations returned to 5.0 pct (a level recorded for the most part of 2025), following a decline to 4.7 pct in January," it also said.