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Nov 21, 2017 12:51 EEST
November 21 (SeeNews) - Serbia's financial and corporate sectors expect inflation to remain within the 1.5%-4.5% target band in the short and medium term, the country's central bank, NBS, said on Tuesday.
One-year ahead inflation expectations of the financial sector have decreased to 3.0% from 3.5% in September, while the forecast of the corporate sector has increased to 3.5% from 3.0%, NBS said in its monthly Inflation Expectations Survey for October.
In October, one-year ahead inflation expectations of households came in at 5.0%, while the short- and medium-term forecasts of trade unions rose to 3.35% from 3.0% in September.
Looking two years ahead, households expect 5.0% inflation, the same rate as in September.
Serbia's annual consumer price inflation slowed to 2.8% in October from 3.2% in September, according to data from the national statistical office. On a monthly comparison basis, Serbia's consumer price index (CPI) rose 0.2% in October after increasing 0.1% in September.
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