Citizens expect inflation for year ahead to be 15%, companies 5%, and banks project 3.5%

The short-term inflation expectations of the financial sector, according to the data from the latest survey by the Ninamedia agency, are lowered from 3.9% in November to 3.75% in December, announced the National Bank of Serbia (NBS).

According to a survey by the Bloomberg agency, the inflation expectations have remained unchanged in the January survey and are at 3.5%. The expected inflation, calculated through the composite measure of the inflation expectations, is lowered from 3.65% in November to 3.5% in December.

The inflation expectations of companies for a year ahead are increased from 4.6% in November to 5% in December. The medium-term inflation expectations of the corporate sector for two and three years ahead are also lowered. For this period, in December, they were at 4.9% for two years and 4% for three years, whereas in November, they were at 5%.

The short-term expectations of the citizens were higher than the expectations of other sectors. These expectations remain unchanged for the fifth month in a row and are at 15%. The expectations for two and three years ahead have grown from 10% in November to 12% in December.

The results of the survey point to the fact that the citizens expect the inflation in the next twelve months to be lower than it was in the previous year.

Narodna banka Srbije Beograd

NBS

inflation

inflation expectations