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...
19/09/2025
According to the results of the August survey, short- and medium-term inflation expectations of the financial sector continued to move within the target band (3±1.5%).
According to the Ninamedia survey carried out in August, short-term inflation expectations of the financial sector edged up slightly to 4.0% relative to the previous survey. Financial sector expectations from the September Bloomberg survey were somewhat lower, at 3.7%.
Ninamedia survey indicates that, after a one-off rise to 6.0% in July, one-year ahead inflation expectations of corporates retreated to 5.0% in August, where they had been in the earlier part of the year.
According to this survey, two-year ahead expectations of the financial sector stayed unchanged from the previous month, at 3.5% in August, while three-year ahead expectations edged up from 3.1% in July to 3.3% in August. The same survey indicates that medium-term corporate expectations stayed unchanged at 5.0% in August relative to the previous month. These expectations have moved within the 4.0–5.0% range since end-2023.
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
