Households’ inflation expectations and companies’ price expectations decrease
26 June 2023
News
In June 2023, households’ inflation expectations dropped to a minimum since March 2021.
People expect prices to rise by 10.2% over the next 12 months, as shown by an InFOM survey. Companies’ price expectations for the next three months declined as well.
More details are available in the new issue of the Bank of Russia commentary Inflation Expectations and Consumer Sentiment.
Preview photo: Pudiq / Shutterstock / Fotodom