February 27 (SeeNews) - Serbia's central bank, NBS, said that the financial and corporate sectors in the country expect the inflation to remain low and stable in the next two years.
One-year ahead inflation expectations of the financial sector were updated to 2.4% from 2.15% a month earlier, while those of corporates remained at 2.0% for the tenth straight month, NBS said on Friday in its monthly Inflation Expectations Survey report for January.
The inflation expectations of the financial and corporate sectors for January 2019 stood at 2.8% and 2.0%, respectively, NBS said.
In January, one-year ahead inflation expectations of households came in at 5.0%, down from 7.0% in December, while those of trade unions remained unchanged at 2.0%.
Looking two years ahead, households expect 7.0% inflation, down from 6.0% in December, while trade union's expectations fell from 2.5% in January from 2.7% in December.
Well-anchored inflation expectations confirm the confidence in the monetary policy of the central bank and prove the lack of inflationary and disinflationary pressure, NBS noted.
Serbia's annual consumer price inflation slowed to 1.4% in January from 1.6% in December, according to data from the national statistical office. On a month-to-month basis, the consumer price index (CPI) increased by 2.4% in January.
NBS expects the inflation rate to remain stable and low and to stand within its 1.5%-4.5% target band this year.