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...
25/09/2020
According to the results of the August survey, short-term and medium-term inflation expectations of the financial and corporate sectors moved within the target band (3±1.5%).
One-year ahead inflation expectations of the financial sector edged up slightly relative to the previous survey and stood at 2.1%. One-year ahead inflation expectations of corporates remained unchanged relative to July and stood at 1.5%.
The financial sector medium-term inflation expectations rose slightly relative to the previous survey, reaching 2.4%, while the corporates kept their expectations unchanged relative to July at 1.5%.
Anchored inflation expectations enhance the efficiency of 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 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 accompanying materials (methodology and the survey questionnaire) can be accessed on the NBS website, section Publications. The relevant historical time series are published in the Statistics section.
Governor’s Office
