Serbian financial sector expects same one-year-ahead inflation

BELGRADE - According to an Ipsos survey, the Serbian financial sector expects inflation to be 8 pct in March 2024, unchanged relative to the previous six surveys, the National Bank of Serbia (NBS) has said.

In a statement, the central bank said an April Bloomberg survey reported lower one-year-ahead expected inflation (7.0 pct).

"Short-term inflation expectations of corporates (one year ahead) have stabilised since September at around 10.0 pct, which is also the value recorded in the March survey.

Two- and three-year-ahead inflation expectations of both the financial and corporate sectors are considerably lower than those for one year ahead. Two-year-ahead inflation expectations of the financial sector remained the same as in the previous survey (5.0 pct), while three-year-ahead expectations continued moving within the NBS target tolerance band, at the level of...