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Serbian financial, corporate sectors expect stable inflation - c-bank

Oct 2, 2017, 4:37:07 PMArticle by Radomir Ralev
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October 2 (SeeNews) - Serbia's central bank NBS has said the financial and corporate sectors in the country expect inflation to remain within the 1.5%-4.5% target band in the short- and medium-term.

Serbian financial, corporate sectors expect stable inflation - c-bank
By NMedjedov (Own work), via Wikimedia Commons

One-year ahead inflation expectations of both sectors remained unchanged at 3.0% and 3.5%, respectively, NBS said in its monthly Inflation Expectations Survey for August posted on its website.

In August, one-year ahead inflation expectations of households came in at 5.0%, while the short- and medium-term expectations of trade unions were lowered to 3.35% from 3.6% in July.

Looking two years ahead, households expect 5.0% inflation, the same rate as in July.

Serbia's annual consumer price inflation slowed to 2.5% in August from 3.2% in July, according to data from the national statistical office. On a monthly comparison basis, the consumer price index (CPI) rose 0.2% in August after declining 0.4% in July.

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