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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), November 24 (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 3.3% whereas the corporate sector envisages a 2.5% inflation, NBS said in its monthly inflation expectations survey for October.

In October, one-year ahead inflation expectations of households came in at 10.0%, while the short-term forecast of trade unions was 2.0%.

Looking two years ahead, the finance sector expects 4.0% inflation, while the corporate sector envisages 3.0%, NBS said.

Serbia's consumer prices rose by 6.6% year-on-year in October, after growing by 5.7% in September, official statistics showed.

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