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policy in turn impacts inflation expectations. Achieving the inflation target and maintaining inflation at a
consistently low level help anchor inflation expectations and reduce their
to 7.23%, and estimated
trend inflation – by 0.12 pp to 7.30%.
INFLATION, CORE INFLATION, AND TREND INFLATION Chart 1
(% GROWTH)
20
16
163
24.05.2024
Inflation accelerates in 48 Russian regions in April
24 May 2024
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Annual inflation rose on average by 0.12 pp
164
23.05.2024
Households’ inflation expectations edge up
23 May 2024
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In May 2024, estimated inflation expected by households in one year rose
165
23.05.2024
2023. Annual inflation sped up to 7.8%.
Price growth rates remained high across a wide range of goods and services. The inflation decrease was
policy in turn impacts inflation expectations. Achieving the inflation target and maintaining inflation at a
consistently low level help anchor inflation expectations and reduce their
167
27.04.2024
Inflation expectations decrease in April
27 April 2024
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According to InFOM’s survey, households’ estimates of inflation expected in a
96%, and the assessment
of trend inflation – by 0.09 pp to 7.18%.
INFLATION, CORE INFLATION, AND TREND INFLATION Chart 1
63х170
(% GROWTH)
20
169
17.04.2024
Inflation unchanged in March across Russia as a whole, but declines in 49 regions
17 April 2024
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Annual inflation remained
2024
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,