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Households’ inflation expectations edge up, those of businesses – continue to decrease

24 June 2022
News

Households’ inflation expectations in June 2022 have increased and are now close to the figures of August—September 2021. The median estimate of inflation expected in the next 12 months reached 12.4%.

Businesses’ short-term price expectations continued to decline, returning to the level of spring 2021. More information is available in the new issue of the Bank of Russia’s information and analytical commentary Inflation Expectations and Consumer Sentiment.

Preview photo: Mike_shots / Shutterstock / Fotodom