Inflation expectations in Serbia's financial sector remain stable at 3.5% for September.
- Short-term inflation expectations hold at 3.5% for three months.
- Two-year expectations rise to 3.4%, while three-year stays at 3.0%.
- Household inflation expectations remain higher at 10% for one and three years.
Short-term inflation expectations in Serbia’s financial sector stayed at 3.5% in September, unchanged for the third straight month and still within the National Bank of Serbia’s target band, the central bank said.
According to the NBS, expectations for two years ahead rose from 3.0% in August to 3.4% in September, while three-year expectations remained at 3.0% for a fourth consecutive month.
The latest Bloomberg survey, conducted in October, showed one-year-ahead expectations in the financial sector easing to 3.7% from 3.8% in September.
For companies, the September Ninamedia survey showed one-year-ahead inflation expectations unchanged at 5.0% since April. Medium-term expectations also returned to 5.0%, after standing at 4.4% for two years ahead and 4.7% for three years ahead in August.
The central bank said corporate inflation expectations have been moving within a 4.0% to 5.0% range since mid-2024.
Households remained more cautious. Their one-year and three-year inflation expectations stayed at 10%, while the two-year expectation fell from 10% in August to 8.0% in September.
For readers following Serbian macroeconomic data, the figures are part of the regular inflation monitoring published by the central bank and survey firms. Related official updates can be found in our latest news section.
Frequently asked questions
What are the current inflation expectations in Serbia?
Short-term inflation expectations are stable at 3.5%, while households expect 10% inflation for one and three years.
How do company inflation expectations compare?
Companies maintain a one-year inflation expectation of 5.0%, unchanged since April.
What did the latest Bloomberg survey reveal?
The Bloomberg survey indicated a slight easing of one-year-ahead expectations in the financial sector to 3.7%.
