Inflation Report

Inflation Report contains information on the current and expected inflation, analysis of underlying macroeconomic developments, explanation of the reasoning behind the decisions of the Executive Board and an assessment of the monetary policy efficiency as implemented during the previous quarter. Integral parts of this report are inflation projection for eight quarters ahead, assumptions on which such projection is based and an analysis of the basic risks involved in achievement of target inflation.

Text boxes:

  • Text box 1: What do different inflation indicators and consumer price growth distribution tell us?
  • Text box 2: Trends in the income and consumption of Serbian households based on the results of household budget surveys
  • Text box 3: When can leading central banks be expected to start lowering their key policy rates?
  • Text box 4: Reliability of futures in global oil price forecasting
  • Text box 5: Comparison of the outcome of macroeconomic projections for 2023 with the NBS’s projections from a year ago and with projections of other institutions
  • Text box 6: Alternative projection scenarios

Inflation Report - archive

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