October 21 (SeeNews) - Serbia's financial and corporate sectors expect inflation to stand within the 1.5%-4.5% target band in the short and medium term, the country's central bank, NBS, said on Monday.
One-year-ahead inflation expectations of the finance sector stood at 2.0% and of the corporate sector amounted to 1.8%, NBS said in its monthly inflation Expectations Survey for September.
In September, 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 2.4% inflation, while the corporate sector envisages 2.2%, 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 1.1% year-on-year in September, after growing by 1.3% in August, official statistics show.