June 20 (SeeNews) - The financial and corporate sectors in Serbia expect price stability to hold in the short and the medium term, the central bank, NBS, said.
One-year ahead inflation expectations of both sectors have increased to 3.5% from 3.0% in April, NBS said in its monthly Inflation Expectations Survey for May posted on its website.
Both the corporate and financial sectors expect inflation to remain within the NBS' 1.5%-4.5% target band in the next two years.
In May, one-year ahead inflation expectations of households came in at 5.0%, down from 7.0% in April, while the short- and medium-term expectations of trade unions were lowered to 2.85% from 3.5%.
Looking two years ahead, households expect 7.0% inflation, the same rate as in April.
Serbia's annual consumer price inflation slowed to 3.6% in May from 4.0% in April, according to data from the national statistical office. On a monthly comparison basis, the consumer price index (CPI) decreased by 0.5% in May.