Serbia, Inflation for one year 6.8 to 9.8 percent

November 19, 2022

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According to the results of the Ipsos survey, representatives of the financial sector expect inflation in October of next year to be 8.0 percent, and according to the results of the latest November survey by the Bloomberg agency, the expected inflation for a year ahead is lower and amounts to 6.8 percent, National Bank of Serbia (NBS) announced.

When it comes to businessmen, their short-term inflation expectations for the period one year ahead in October continued to hover around the level recorded in September of 10.0 percent and now stand at 9.8 percent.

Inflationary expectations for two and three years ahead are lower than the short-term expectations of both bankers and businessmen, according to the NBS announcement.

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The financial sector expects inflation to be 5.0 percent in two years, and businessmen 6.5 percent, while expectations for the three-year period ahead continued to be within the NBS target, i.e. 4.5 percent for the economy sector and 4 .0 percent for the financial sector.

The National Bank estimates that the results of the survey, which refer to two and three years ahead, could indicate that both the financial sector and the economy expect the easing of inflationary pressures with the stabilization of movements on the international commodity markets, Euronews writes.

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