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

Author Radomir Ralev
Serbian financial, corporate sectors expect stable inflation - c-bank Author: SeeNews. License: All rights reserved.

BELGRADE (Serbia), March 19 (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 finance sector stood at 2.7% and of the corporate sector amounted to 2.1%, NBS said in its monthly inflation Expectations Survey for February.

In February, one-year ahead inflation expectations of households came in at 5.0%, while the short-term forecast of trade unions was 3.0%.

Looking two years ahead, both the finance and corporate sectors expect 3.0% inflation, NBS said.

Serbia's average annual consumer price inflation accelerated to 2.4% in February, from 2.1% in January, according to official data.

On a monthly comparison basis, Serbia's consumer price index (CPI) increased by 0.7% in February, after rising by 0.4% in January.