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Consumer prices Inflation slowdown Inflation by main groups and core inflation, is continuing. In June % change on corresponding month of previous year inflation declined to

That could be explained by slower Sources: Rosstat, Bank of Russia calculations. inflation after its temporary rise at the beginning of the year caused by

exceeded the inflation rate in the same period. Moreover, returns of 27 NPFs accounting for nearly 80% of pension assets outstripped the inflation rate. Eight

decline. Households’ inflation expectations have not materially changed since April and remain elevated. Inflation slowdown paves the way for a future decline in inflation expectations.

communications “Floating rate and Inflation targeting is Instruments are Inflation below 4% Inflation 4.3% represented as a developed, the inflation targeting midterm goal in

a reduction in global trade volumes and have a serious impact on inflation, consumer sentiment and ultimately on global economic growth. Brexit can have a

7.25 7.25 – Reuters survey (7.50) (7.25) 3. Implied inflation rate (OFZ-IN) June 2019 3.90 – OFZ-IN-52001 (until 16 August 2023) (4.

and constitutes an underlying asset. rate of a respective currency, interest rates, inflation rate, derivatives’ prices, official statistical information, physical, Table 3.5 biological and

domestic demand. 2 Households’ inflation expectations remain elevated Household’s inflation expectations (inFOM surveys), observed inflation (inFOM surveys) and inflation, YoY Inflation expectations show mixed

in inflation due to price changes by group Table 4 of goods and services, year-to-date (percentage points) Food1 Non-food Services Fruit Inflation for Core inflation