Serbia’s c.bank holds key repo rate at 2.25%

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Serbia’s central bank said on Thursday it has decided to hold its key repo rate at 2.25%. In making this decision, the central bank was guided by the inflation outlook and macroeconomic indicators from the domestic and international environment, the National Bank of Serbia said in a statement.

The inflation is likely to move around the lower bound of the 1.5%-4.5% target band until mid-2020, is said. Serbia’s average consumer prices rose by 1.0% year-on-year in October, after growing by 1.1% in September, official statistics show. On a monthly basis, consumer price index (CPI) grew by 0.1% in October, after falling by 0.5% in September. (source: Tanjug)
Serbia’s c.bank holds key repo rate at 2.25%

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