Inflation expectations stay elevated in December
23 December 2021
News
In December, households’ inflation expectations rose reaching a new five-year high. According to the Bank of Russia-commissioned survey carried out by InFOM, people estimate inflation at 14.8% for the next 12 months.
The Bank of Russia’s monitoring shows that companies’ short-term price expectations did not change, remaining high. Analysts raised their inflation forecasts for 2021 and 2022 to
More details are available in the new issue of the Bank of Russia’s commentary Inflation Expectations and Consumer Sentiment.
Preview photo: Artem Geodakyan / TASS