February 7 (SeeNews) - Serbia's central bank, NBS, said on Thursday it will keep its key repo rate unchanged at 3.0%.
The inflation rate is expected to remain in the 1.5%-4.5% target band, NBS said in a statement.
The central bank cut the key repo rate by 0.25 of a percentage point to 3.25% in March 2018 and to 3.0% in April 2018 to help guide inflation to the target band.
Serbia's average annual consumer price inflation accelerated to 2.0% in December, from 1.9% in November, according to the latest official data available. On a monthly comparison basis, Serbia's consumer price index (CPI) rose by 0.1% in December, after dropping by 0.3% in November.
The NBS will hold its next rate-setting meeting on March 7.