21.06.2024.

Results of Inflation Expectations Survey

The results of the May Ninamedia survey indicate that one-year ahead inflation expectations of the financial sector stayed unchanged from the previous month at 3.9%. The latest, June Bloomberg survey shows that one-year ahead expectations of the financial sector remained close to the target midpoint, at 3.2%.

One-year ahead expectations of the corporate sector stayed unchanged for the third month in a row, at 5.0%. 

Medium-term inflation expectations of the financial sector moved around the NBS target midpoint, as two-year ahead expectations came at 3.2% (a decline from the April 3.3%) and three-year ahead expectations at 3.0% (the same as in April). Two-year ahead inflation expectations of the corporate sector receded from 5.0% in April to 4.5% in May, returning within the NBS target band after more than two years. Corporate three-year ahead inflation expectations rose from 3.8% in April to 4.0% in May.  

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.

Governor`s Office