Inflation expectations among financial sector representatives for the year ahead have dropped to 3.7%, according to the June survey conducted by the Ninamedia agency. This marks a decrease from the 3.9% inflation forecast recorded in the May survey for the same period, projecting for May 2025.
The Bloomberg survey reflects a similar trend, with inflation expectations slightly lower at 3.5% for July, as reported by the National Bank of Serbia (NBS).
Economic expectations for the upcoming year have stabilized around 5% over the past four months, down from 6% in February.
Medium-term inflation expectations within the financial sector for two and three years ahead align with the central value of the NBS’s 3% target. Expectations for inflation two years out have decreased from 3.2% recorded in May. For two years ahead, business leaders expect a 5% inflation rate, while for three years ahead, the forecast is lower at 4.5%.
These survey results suggest that both the financial sector and the business community anticipate a further easing of inflationary pressures in the near future, as indicated by the NBS.
