Without prejudice to its primary objective, the NBS shall support the economic policy of the Government of the Republic of Serbia, acting in accordance with the principle of a market economy.” Hence, the Law clearly defines the main objective – “to achieve and maintain price stability” – and says nothing about growth, employment, exports, wages, roads, etc...
The ECB has defined price stability as a year-on-year increase in the harmonised index of consumer prices of below 2% in the euro area, and has stated that price stability is to be maintained over the medium term. In the euro area, consumer prices increases have indicated some upward pressure recently, rising from 0.9% in June to 1.2% in August.