Inflation expectations of corporate sector remain unchanged – 5%

Source: eKapija Sunday, 23.06.2024. 14:10
Illustration (Photo: Shutterstock/Janusz Pienkowski)Illustration
The results of the May Ninamedia survey indicate that one-year ahead inflation expectations of the financial sector stayed unchanged from the previous month at 3.9%. The latest, June Bloomberg survey shows that one-year ahead expectations of the financial sector remained close to the target midpoint, at 3.2%, announced the National Bank of Serbia (NBS).

One-year ahead expectations of the corporate sector stayed unchanged for the third month in a row, at 5.0%.

– Medium-term inflation expectations of the financial sector moved around the NBS target midpoint, as two-year ahead expectations came at 3.2% (a decline from the April 3.3%) and three-year ahead expectations at 3.0% (the same as in April). Two-year ahead inflation expectations of the corporate sector receded from 5.0% in April to 4.5% in May, returning within the NBS target band after more than two years. Corporate three-year ahead inflation expectations rose from 3.8% in April to 4.0% in May – the NBS says in the press release.

It is added that the survey results show that both financial and corporate sectors expect inflationary pressures to ease further in the period ahead.

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