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Inflation expectations climb

27 August 2025
News

In August 2025, estimated inflation expected by households in one year rose to 13.5% from 13.0% a month earlier, as shown by InFOM’s survey. Expectations increased among respondents without savings and remained unchanged among those with savings. In August, individuals mentioned higher prices for housing and utility and medical services, petrol and certain food items more frequently than in July.

The consumer sentiment index went down. Business price expectations edged up.

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

Preview photo: Ashley Grise / Shutterstock / Fotodom