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Inflation expectations remain high

21 December 2022
News

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

In the next 12 months, households expect inflation to reach 12.1%, as shown by InFOM’s survey. The price expectations of businesses for the next three months continued to grow.

More information is available in the latest issue of the Bank of Russia’s commentary Inflation Expectations and Consumer Sentiment.

Preview photo: Estherpool / Shutterstock / Fotodom