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NBS- National Bank Serbia expect stable inflation

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The NBS expects inflation for the Serbian financial and corporate sectors to be 1.5% – 4.5% of the projected range in the short and medium term.
One-year-ahead inflation expectations of the finance sector stood at 2.0% and of the corporate sector amounted to 1.9%, NBS said in its monthly inflation expectations survey for December.
In December, one-year ahead inflation expectations of households came in at 5.0%, while the short-term forecast of trade unions was 2.3%.
Looking two years ahead, the finance sector expects 2.3% inflation, while the corporate sector envisages 2.0%, NBS said.
Earlier this month, Serbia’s central bank decided to keep its key repo rate unchanged at 2.25%.
Serbia’s average consumer prices rose by 1.9% year-on-year in December, after growing by 1.5% in November, official statistics show.

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