Serbian financial sector expects inflation to be 7.0 percent in August 2024, according to the results of the Ipsos survey, the National Bank of Serbia said and added that according to the results of the latest, Bloomberg’s September survey, expectations are even lower and amount to 6.4 percent.
The short-term inflation expectations the business sector, for one year ahead, have been continuously dropping in the previous three months, so compared to May, when they expected inflation next year to be 10.0 percent, now they have dropped their expectations to 9.0 percent.
Thus, the expectations of the financial sector for two years ahead decreased from 5.0 percent in July to 4.5 percent in August, and the expectations for three years ahead fell from 3.8 percent to 3.5 percent, similar to the projections of the National Bank of Serbia.
According to the NBS, the results of the survey, which cover the next two to three year period, indicate that both the financial and business sector expect the easing of inflationary pressures in the coming period and a gradual return of inflation within the target limits in the medium term.
(Dnevnik, 20.09.2023)