The financial sector expects that inflation in February 2023 to be 4.5%, which is a slightly higher estimate than the January one of 4.2%, given by the National Bank of Serbia (NBS).
Companies, on the other hand, expect inflation to grow to 7.5% over the course of a year, which is an increase from the 6% projection in December and January. “The increase could be related to higher inflation expectations for companies in the energy and food industries, which are the sectors most exposed to disruptions and increasing uncertainty in global markets,” said the NBS.
When it comes to inflation projection for the coming two and three years, the short-term inflation is expected to be lower, with the financial sector’s estimate ranging from 3 to 3.5% and the business sector’s between 4.5 and 5%.
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