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Inflation expectations go up

28 October 2024
News

In October 2024, estimated inflation expected by households in one year went up to 13.4% from 12.5% in September, as shown by InFOM’s survey. Respondents both with and without savings reported higher inflation expectations.

The consumer sentiment index edged down, while staying close to the 2016–2023 highs. Companies’ price expectations increased again.

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

Preview photo: Valery Sharifulin / TASS