BELGRADE (Serbia), January 21 (SeeNews) - Serbia's financial sector expect inflation to stay within the 1.5%-4.5% target band in the short and medium-term, the country's central bank said on Friday.
One-year-ahead inflation expectations of the finance sector came in at 4%, same as in November, while the corporate sector's inflation estimates pointed to 6%, NBS said in its monthly inflation expectations survey for December.
In December, one-year ahead inflation expectations of households came in at 10.0%, down from November's 15%.
In regard to the two-year-ahead inflation outlook, the finance sector expects 3.5% inflation, while the corporate sector sees a 3%-4% increase in consumer prices, NBS said.
Serbia's consumer prices rose by 7.9% year-on-year in December, after growing by 7.5% in November, the statistical office said last week.