In June, short-term inflation expectations in Serbia’s financial sector remained steady at 3.5 percent, staying within the National Bank of Serbia’s target range for the past eighteen months.
According to the Bloomberg survey, financial sector inflation expectations for July slightly decreased to 3.4 percent from 3.5 percent in June. Meanwhile, inflation expectations among economic representatives remained stable at 5.0 percent for the seventh consecutive month, reflecting an average level observed throughout the previous year, based on a Ninamedia agency survey.
The same survey also showed a decline in medium-term inflation expectations within the financial sector, which stood at 3.2 percent for both two- and three-year horizons in June, down from May levels.
For the economic sector, expectations for inflation two and three years ahead remained steady at 5.0 percent in June, after a drop to 4.3 percent in May. Since late 2023, medium-term economic inflation expectations have fluctuated between four and five percent.
