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Serbian financial sector's year-ahead inflation expectations slightly down in April

Serbian financial sector's year-ahead inflation expectations slightly down in April By NMedjedov (Own work), via Wikimedia Commons

BELGRADE (Serbia), May 20 (SeeNews) - The year-ahead inflation expectations of Serbia's financial sector decreased by 0.15 percentage points month-on-month in April, to 4.55%, the central bank said.

Meanwhile, the corporate sector's year-ahead inflation forecast remained unchanged at 5%, the central bank, NBS, said on Thursday in a monthly survey of inflation expectations.

Regarding the two-year-ahead inflation outlook, the financial sector expects 4% inflation in April 2024, the same rate as in March, while its three-year forecast increased by 0.5 percentage points to 3.5%.

The corporate sector's two-year inflation forecast climbed to 4% and its three-year inflation outlook fell to 3%. Both projections stood at 3.5% in March.

In April, one-year ahead inflation expectations of households went up by 5 percentage points to 20%.

According to the data by the country's statistical office, Serbia's consumer prices increased by 9.6% year-on-year in April, after rising by 9.1% the month before.

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