19/07/2024

Results of Inflation Expectations Survey

The results of the June Ninamedia survey indicate that one-year ahead inflation expectations of the financial sector amounted to 3.7%, receding from the previous month (3.9%) and getting closer to the NBS target midpoint. The financial sector reported somewhat lower inflation expectations (3.5%) in the latest, July Bloomberg survey.

Having fallen from 6.0% in February, one-year ahead expectations of the corporate sector stayed unchanged at 5.0% for the fourth month in a row.

Inflation expectations of the financial sector for two and three years ahead are at the NBS target midpoint (3.0%), as two-year ahead expectations declined from the May 3.2%. Two- and three-year ahead inflation expectations of the corporate sector amounted in June to 5.0% and 4.5%, respectively.   

The survey results show that both financial and corporate sectors expect inflationary pressures to ease further in the period ahead.

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