The NBS Head Office Building was built from 1888 – 1890, on the basis of blueprints designed by Konstantin Jovanovic (Vienna 1849 – Zurich 1923), son to distinguished artist Anastas Jovanovic...
20/11/2020
According to the results of the October survey, short-term and medium-term inflation expectations of the financial and corporate sectors are within the target tolerance band (3±1.5%).
Expectations of the financial and corporate sectors for one year ahead continued to move close to 2.0%. The financial sector expects inflation in October 2021 to be 2.1% and corporates – 1.9%.
Medium-term inflation expectations of the financial sector went slightly down from the previous survey, reaching 2.5%, while those of corporates rose to 2.0%.
Anchored inflation expectations enhance the efficiency of the monetary policy in maintaining low, stable and predictable inflation in the medium run, which is one of the necessary preconditions of sustainable economic growth.
For the purpose of more transparent communication with the public, since May 2015 the NBS has been publishing regular monthly reports on inflation expectations of the financial sector, corporate sector, trade unions and households. The Report on the Results of the Inflation Expectations Survey and the accompanying materials (time series, methodology and the survey questionnaire) can be accessed on the NBS website, section Publications.
Governor's Office
