Serbia’s central bank holds key repo rate at 2.25%
Photo by ToskanaINC / Shutterstock.com
The National Bank of Serbia said it has decided to hold its key repo rate at 2.25%. The central bank said it was guided by the inflation outlook and macroeconomic indicators from the domestic and international environment.
Photo by ToskanaINC/Shutterstock.com
Inflation is likely to move around the lower boundy of the 1.5-4.5% target band until mid-2020,NBS said. Serbia’s average consumer prices rose by 1% year-on-year in October, after growing by 1.1% in September, official statistics show.
On a monthly basis, the consumer price index grew by 0.1% in October, after falling by 0.5% in September, according to Serbiaʼs state news agency, Tanjug.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.