economy

February 18, 2026

Financial Sector Inflation Expectations Within NBS Target

The National Bank of Serbia (NBS) announced today that short-term and medium-term inflation expectations of the financial sector, according to the results of the January survey by the agency Ninamedia, continued to move within the central bank's target of three plus/minus 1.5 percent.

Financial Sector Inflation Expectations Within NBS Target

TL;DR

  • Financial sector's short-term inflation expectations dropped to 3% in January, aligning with the NBS target.
  • Two-year ahead inflation expectations for the financial sector decreased to 3.1% in January.
  • Three-year ahead inflation expectations for the financial sector also fell to 3%.
  • Bloomberg survey shows financial sector's short-term expectations at 3.7% in February.
  • Business sector's short-term inflation expectations remained unchanged at 5%.
  • Medium-term inflation expectations for the business sector decreased to 4% for two years ahead and 4.7% for three years ahead.
  • NBS has reported monthly on inflation expectations since May 2015.

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