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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), August 20 (SeeNews) - Serbia's financial and corporate sectors expect inflation to remain within the 1.5%-4.5% target band in the short and medium term, the country's central bank, NBS, said on Monday.

One-year-ahead inflation expectations of the finance sector stood at 3.0% and of the corporate sector amounted to 2.7%, NBS said on in its monthly Inflation Expectations Survey for July.

In July, one-year ahead inflation expectations of households came in at 7.0%, while the short-term forecast of trade unions was 3.25%.

Looking two years ahead, the finance and corporate sectors expect 3.2% and 2.8% inflation, respectively, NBS said.

Serbia's annual consumer price inflation quickened to 2.4% in July from 2.3% in June, according to the latest official data available.

On a monthly comparison basis, Serbia's consumer price index (CPI) fell by 0.3% in July, after increasing by 0.4% in June.