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

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

BELGRADE (Serbia), June 13 (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.

One-year-ahead inflation expectations of the corporate sector stood at 2.8% and of the corporate sector amounted to 2.5%, NBS said on Wednesday in its monthly Inflation Expectations Survey for April.

In April, one-year ahead inflation expectations of households came in at 5.0%, while the short-medium-term forecast of trade unions was 2.75%.

Looking two years ahead, households and trade unions expect 5.0% and 3.0% inflation, respectively, NBS said.

Serbia's average annual consumer price inflation quickened to 2.1% in May from 1.1% in April, according to data from the country's statistical office.

On a monthly comparison basis, Serbia's consumer price index (CPI) rose by 0.6% in May, after increasing by 0.4% in April.

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