Inflation expectations remain elevated in January
2 February 2022
News
Households’ inflation expectations edged down in January, though remaining close to multi-year highs.
The median estimate of inflation expected in the next 12 months was down to 13.7%. Short-term price expectations of companies were up, overshooting the 2021 highs.
More information is available in the new issue of the Bank of Russia’s commentary Inflation Expectations and Consumer Sentiment.
Preview photo: Juliya Shangarey / Shutterstock / Fotodom