Inflation expectations continue to go down
25 May 2022
News
Households’ inflation expectations decreased in May 2022, returning to the level of May 2021. The median estimate of inflation expected in the next 12 months reached 11.5%.
Companies’ short-term price expectations edged down as well — to the readings of early 2022. More details are available in the new issue of the Bank of Russia’s commentary Inflation Expectations and Consumer Sentiment.
Preview photo: Dragana Gordic / Shutterstock / Fotodom