September 27 (SeeNews) - Serbia's financial and corporate sectors expect inflation to stand bellow the middle of 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 2.3% and of the corporate sector amounted to 2.0%, NBS said on Thursday in its monthly inflation Expectations Survey for August.
In August, 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, the finance sector expects 2.5% inflation, while the corporate sector envisages 2.4%, NBS said.
Earlier this month, Serbia's central bank decided to keep its key repo rate unchanged at 2.5%.
Serbia's average consumer prices rose by 1.6% year-on-year in July, after growing by 1.5% in June, according to the latest official data available.