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...
22/04/2024
According to the March Ipsos survey, one-year ahead inflation expectations of the financial sector measured 4.0% (vs. 4.2% in February). They continued to decline for the seventh consecutive month, moving within the NBS target tolerance band. According to the latest, April survey of the Bloomberg agency, one-year ahead financial sector expectations declined further, standing at 3.1% – close to the target midpoint.
Short-term expectations of the corporate sector also declined – from 6.0% in February to 5.0% in March.
Medium-term financial sector expectations for both periods are within the NBS target tolerance band. Two-year ahead expectations of the financial sector stayed unchanged from the February survey at 3.5%, while three-year ahead expectations have been moving within the 3.0–3.3% range since the start of the year, touching 3.2% in March. Three-year ahead corporate expectations declined again, to 3.5% (vs. 4.0% in February), while two-year ahead expectations remained at 5.0%.
Financial and corporate sector expectations indicate that both sectors anticipate the dissipation of inflationary pressures in the coming period and inflation’s gradual convergence to the target.
For the purpose of transparent communication with the public, since May 2015 the NBS publishes 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.
Economic Research and Statistics Department
