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2017-02-28 12:45:19.0

Results of Inflation Expectations Survey for January

According to the January survey results, financial and corporate sectors expectations are low, stable and anchored within the target band both one and two years ahead.

The financial and corporate sectors expect inflation in January 2018 at 2.4% and 2.0% respectively.

Medium-term inflation expectations (for January 2019) of the financial and corporate sectors are also low, stable and within the target band, at 2.8% and 2.0% respectively.

Anchored inflation expectations enhance the efficiency of monetary policy in maintaining low, stable and predictable inflation in the medium run.

Aware of the importance of transparent communication with the public, since June 2015 the NBS has been publishing 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