Search results
2526 documents found
into consideration when making
decisions on monetary policy to analyse and forecast inflation, identify the key
trends in economic development across Russia in general and
inflation expectations and their
anchoring to the inflation target. Inflation expectations affect both inflation trends and
interest rates in the economy. The anchoring of inflation
there are no signs of a steady deceleration of inflation and a decrease in inflation expectations.
Inflation has been persistently deviating from the 4% target
1094
22.11.2023
consumer demand. Inflation expectations of households and businesses are decreasing. This year’s inflation forecast has been lowered to 12-15%.
Inflation, households’ inflation expectations and
1095
22.11.2023
expectations also declined, though remaining above the previous year’s readings.
Inflation, households’ inflation expectations and key rate
Source: Bank of Russia, Rosstat.
2
Macroeconomic
while non-financial organisations and individuals were net buyers.
Implied inflation.10 In October, average monthly implied inflation from OFZ-IN 52002 (2028)
edged up to 8.
given the situation for achieving
Foreign currency-denominated assets and precious metals the inflation target. The key rate is set by the Bank of Russia
mainly
1098
17.11.2023
1% per annum), respectively.
All NPFs had positive returns. Additionally, returns above inflation were posted by 19 out of 27 funds operating in the mandatory
1099
16.11.2023
inflation expectations. If prices are rising, while we are doing nothing, advocating that loans should remain affordable, banks would increasingly pass through expected high inflation
1100
10.11.2023
October, interest rates and financial market yields continued to increase. However, households’ inflation expectations were decreasing. In addition to the continuing slowdown in consumer lending,