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...
20/04/2026
According to the March Ninamedia survey, one-year ahead inflation expectations of the financial sector have stood at the NBS midpoint for the third consecutive month. Two-year ahead inflation expectations of the financial sector increased from 3.0% in February to 3.3% in March, while three-year ahead expectations remained unchanged at 3.0% compared to the previous month.
According to the April Bloomberg survey, short-term inflation expectations of the financial sector remained at the March level, standing at 3.5%.
Short-term inflation expectations of the corporate sector, according to the Ninamedia survey, remained at the February level of 4.0%, marking the second consecutive month within the NBS target band. Two-year ahead corporate inflation expectations also remained unchanged from February – at 4.0%, while three-year ahead expectations declined from 5.0% in February to 4.1% in the March survey, reaching their lowest level since February 2025. Medium-term corporate expectations have continued to move within the 4.0–5.0% range over the past year.
For the purpose of transparent communication with the public, since May 2015 the NBS has been publishing 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
