15.05.2026.

Results of Inflation Expectations Survey

According to the results of the Ninamedia survey, short-term inflation expectations of the financial sector stayed within the NBS target band in April as well, amounting to 3.5%. Inflation expectations for two years ahead remained unchanged compared to the previous month, standing at 3.3% in April, while expected inflation for three years ahead inched up from 3.0% in March to 3.1% in April.

According to the results of the Bloomberg’s May survey, one-year-ahead inflation expectations of the financial sector increased slightly, from 3.5% in April to 3.8% in May.

Ninamedia survey results indicate that short-term inflation expectations of the corporate sector climbed from 4.0% in March to 5.0% in April. Corporate expectations for two and three years ahead also equalled 5.0%, this being the level recorded during the previous year and early this year. Medium-term expectations of the corporate sector have been moving within the 4.0–5.0% 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