Short-term inflation expectations of Serbian financial sector down from 4 to 3.6 pct in June

BELGRADE - According to the results of a Ninamedia survey, short-term inflation expectations of the Serbian financial sector decreased from 4.0 pct in May to 3.6 pct in June and continued to move within a National Bank of Serbia (NBS) target band.

"The sector’s medium-term expectations stayed almost unchanged from May, measuring 3.5 pct for two years ahead and 3.0 pct for three years ahead in the June survey," the central bank said this week.

"The results of the July Bloomberg survey indicate that one-year ahead inflation expectations of the financial sector stayed unchanged from June, at 4.0 pct.

According to the Ninamedia survey, short- and medium-term inflation expectations of the corporate sector remained unchanged for the third month in a row and stood at 5.0 pct in the June survey, staying within the 4.0-5.0 pct range recorded over the past year.

One-year ahead inflation expectations of the household sector declined from 15 pct in May to 10 pct in June, which is their lowest level since June 2024. The households’ medium-term expectations (for two and three years ahead) measured 10 pct in the June survey, unchanged from the month before," it said in a statement.