One-year ahead inflation expectations of Serbian financial sector up by 4 pct in May

BELGRADE - According to the results of a Ninamedia survey, one-year ahead inflation expectations of the Serbian financial sector increased from 3.5 pct in April to 4.0 pct in May, the National Bank of Serbia (NBS) has said.

"The sector’s expectations for two years ahead went up from 3.3 pct in April to 3.5 pct in May, while those for three years ahead stayed at the April level (3.1 pct).

According to the June Bloomberg survey, one-year ahead inflation expectations of the financial sector increased from 3.8 pct in May to 4.0 pct in June, equalising with the expectations reported in the Ninamedia survey.

According to the Ninamedia survey, short- and medium-term inflation expectations of the corporate sector remained unchanged from the previous month and stood at 5.0 pct in the May survey, staying within the 4.0–5.0 pct range recorded over the past year," the central bank also said.