Inflation expectations stay elevated
22 March 2023
News
Households’ inflation expectations for a year ahead declined in March 2023, while remaining elevated. People expect inflation to stay at 10.7% during the next 12 months, as shown by InFOM’s survey. Companies’ price expectations increased slightly.
More details are available in the new issue of the Bank of Russia’s commentary Inflation Expectations and Consumer Sentiment.
Preview photo: Yavdat / Shutterstock / Fotodom