July 2 (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 finance sector stood at 2.5% and of the corporate sector amounted to 2.7%, NBS said on Wednesday in its monthly Inflation Expectations Survey for May.
In May, one-year ahead inflation expectations of households came in at 5.0%, while the short-medium-term forecast of trade unions was 3.0%.
Looking two years ahead, the finance sectors expect 3.0% and 2.8% 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.