Serbian financial sector sees year-ahead inflation at 3%

Serbia’s financial sector expected year-ahead inflation of 3% in February, unchanged from January and aligned with the middle point of the central bank’s 1.5-4.5% target band, the central bank, NBS, said on Tuesday.

For two and three years ahead, the sector’s inflation expectations also stood at 3% in February, roughly unchanged from January, when the sector expected two-year-ahead inflation at 3.1% and three-year-ahead inflation at 3%, NBS said in a press release, citing results of a survey carried out by Belgrade-based market and public opinion research agency Ninamedia.

The year-ahead inflation expectations of Serbia’s corporate sector eased to 4% in February from 5% the month before. The sector’s expectations for two years remained unchanged in February compared to January, at 4%, and for three years ahead the expectations rose to 5% from 4.7%.

Serbia’s annual consumer price inflation accelerated slightly to 2.5% in February from 2.4% in January. NBS said last week it expects inflation to continue to move within the target range by the end of 2026, and in the medium term.

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