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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), May 20 (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 2.8% and of the corporate sector amounted to 2.6%, NBS said on Friday in its monthly inflation Expectations Survey for April.

In April, one-year ahead inflation expectations of households came in at 6.0%, while the short-term forecast of trade unions was 3.0%.

Looking two years ahead, the finance sector expects 3.0% inflation, while the corporate sector envisages 2.9%, NBS said.

Serbia's average annual consumer price inflation accelerated to 3.1% in April, from 2.8% in March, official statistics show.

On a monthly comparison basis, Serbia's consumer price index (CPI) increased by 0.7% in April, after rising by 0.4% in March, according to figures published on the website of the national statistical office.