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Inflation expectations increase in July

28 July 2026
News

In July 2026, inflation expected by households in one year was estimated at 14.7% relative to 12.4% in June, as shown by InFOM’s survey.

Inflation expectations increased among respondents both with and without savings. The consumer sentiment index, reflecting the respondents’ current estimates and expectations regarding their personal wealth, the economy, and the consumer market situation, decreased. Companies’ price expectations picked up.

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

Preview photo: Raul Cartes / Shutterstock / Fotodom