The National Bank of Serbia published its monthly update on inflation expectations, showing higher near term expectations in the financial sector while business expectations were unchanged. In the May Ninamedia survey, financial sector inflation expectations rose to 4.0% for one year ahead from 3.5% in April and to 3.5% for two years ahead from 3.3%, while three year ahead expectations held at 3.1%. Short term and medium term inflation expectations among businesses remained at 5.0%. The June Bloomberg survey also showed financial sector one year ahead inflation expectations at 4.0%, up from 3.8% in May and matching the Ninamedia reading. The central bank noted that business expectations have stayed within a 4.0% to 5.0% range over the past year. It also said it has published monthly data on inflation expectations for the financial sector, businesses, unions and households since May 2015.
National Bank of Serbia2026-06-16
National Bank of Serbia reports financial sector one year inflation expectations rising to 4.0%
The National Bank of Serbia’s latest inflation expectations update showed financial sector one year ahead expectations rising to 4.0% in both the May Ninamedia survey and the June Bloomberg survey. Two year ahead expectations in the May Ninamedia survey also increased to 3.5%, while three year ahead expectations held at 3.1%. Business short term and medium term expectations were unchanged at 5.0%.