We expect it to remain above 2 per cent for most of this year but our forecasts project it to settle below our 2 per cent target in 2023 and 2024. In Ireland inflation also surged in recent months, reaching 5.7 per cent (HICP) in the year to December.
The National Bank of Serbia also took part in initiatives such as the introduction of the platform for secondary trading in government securities (in early November this year), which is expected to increase the liquidity and transparency of this market segment. The second desirable line of development is the broadening of the circle of issuers and the investor base of debt securities.