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Inflation expectations remain high

24 November 2022
News

In November 2022, households’ inflation expectations edged down, but remained high.

In the next 12 months, households expect inflation to reach 12.2%, as shown by InFOM’s survey. The price expectations of businesses for the next three months continued to grow.

More details are available in the new issue of the Bank of Russia’s commentary Inflation Expectations and Consumer Sentiment.

Preview photo: Wavebreakmedia / Shutterstock / Fotodom