Inflation expectations remain high
21 April 2022
News
Households’ inflation expectations significantly declined in April from their multi-year peak observed in March.
The median estimate of inflation expected in the next 12 months stood at 12.5%. Short-term price expectations of companies also decreased but remained close to their all-time highs.
More information is available in the new issue of the Bank of Russia’s commentary Inflation Expectations and Consumer Sentiment.
Preview photo: Shutterstock / Fotodom