January 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.
One-year-ahead inflation expectations of the finance sector stood at 2.0% and of the corporate sector amounted to 1.9%, NBS said in its monthly inflation expectations survey for December.
In December, one-year ahead inflation expectations of households came in at 5.0%, while the short-term forecast of trade unions was 2.3%.
Looking two years ahead, the finance sector expects 2.3% inflation, while the corporate sector envisages 2.0%, NBS said.
Earlier this month, Serbia's central bank decided to keep its key repo rate unchanged at 2.25%.
Serbia's average consumer prices rose by 1.9% year-on-year in December, after growing by 1.5% in November, official statistics show.