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INFLATION BY GROUP OF GOODS AND SERVICES Table 8 (PP) Fruit and Inflation over Non-core Food products Non-food goods Services Core inflation vegetables period, % inflation

2025 Expected inflation (one year) Expected inflation (one year), three-month average Expected inflation (five years) Observed inflation Observed inflation, three-month average Annual inflation Sources: InFOM,

INFLATION BY GROUP OF GOODS AND SERVICES Table 8 (PP) Fruit and Inflation over Non-core Food products Non-food goods Services Core inflation vegetables period, % inflation

Inflation expectations go down further, while staying heightened 26 March 2025 News Share VKontakte WhatsApp Telegram According to InFOM’s survey, households’ estimates of inflation

Annual inflation remains high across Russian regions in February 25 March 2025 News Share VKontakte WhatsApp Telegram Annual inflation increased in 66 Russian regions, but

Inflation Expectations. Department of Economics Discussion Paper Series, Oxford, Number 1025, p. 1–66, October. Rumler F., Valderrama M. T. (2020) Inflation literacy and inflation

inflation. More financially literate respondents evaluate current inflation as being lower than the levels perceived by their less literate colleagues. Same time their future inflation

2025 Expected inflation (one year) Expected inflation (one year), three-month average Expected inflation (five years) Observed inflation Observed inflation, three-month average Annual inflation Sources: InFOM,

Inflation expectations decline but remain elevated 26 February 2025 News Share VKontakte WhatsApp Telegram As shown by InFOM's survey, one-year ahead household inflation expectations

82 pp to 9.47%. Estimated trend inflation was up to 9.46%. INFLATION, CORE INFLATION, AND TREND INFLATION Chart 1 (% CHANGE) 20 16 12