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Home/News/Survey of the National Bank of Serbia – How much inflation do bankers expect?

Survey of the National Bank of Serbia – How much inflation do bankers expect?

The short-term and medium-term inflation expectations of bankers and businessmen are within the target corridor of 3.0 percent plus or minus 1.5 percentage points, the results of the January survey of the National Bank of Serbia showed.
Actors in the financial sector expect inflation close to the level of 2.0 percent in January 2022, while businessmen predict slightly lower inflation of 1.5 percent in a year in advance.
When it comes to medium-term inflation expectations (for January 2023), they remained unchanged with bankers compared to the previous survey and amount to 2.3 percent, and businessmen expect a lower rate, ie 1.9 percent, in this case as well.
Anchoring inflation expectations contributes to increasing the efficiency of monetary policy in maintaining low, stable and predictable inflation in the medium term, which is one of the necessary preconditions for sustainable economic growth, according to the National Bank of Serbia, Bonitet reports.