The main goal of the monetary policy of the National Bank of Serbia (NBS) in 2010 will be achieving the target inflation, which should be six percent at the end of next year, with a tolerance range of plus or minus two percent, the central bank announced.

The target inflation rate for 2011 is 4.5 percent, with a tolerance range of plus or minus 1.5 percent, while the rate for 2012 is four percent plus or minus 1.5 percent, states the NBS memorandum on establishing the target inflation rate.

According to NBS, the established inflation targets reflect the intent to achieve stability of prices through gradual reduction of inflation, without causing macroeconomic disturbances.