Tuesday, December 29, 2009

The Target Inflation Rate for 2010 – 6 pct



Belgrade, Dec. 22 2009 (Serbia Today) – According to Serbian News Agency Tanjug, the main goal of the central bank's monetary policy in 2010 will be achieving its target inflation of six percent.
The National Bank of Serbia (NBS) said today that this figure will have a margin of plus or minus two percent.
The target inflation rate for 2011 is 4.5 percent, with a margin of plus or minus 1.5 percent, while the rate for 2012 is four percent plus or minus 1.5 percent, an NBS memorandum on inflation targets states.
According to the NBS, the established inflation targets reflect the intent to achieve stability of prices through gradual reduction of inflation, without causing macroeconomic disturbances.

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