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Inflation expected in one year Inflation expected in one year, three-month average
Inflation expected in five years Observed inflation
Observed inflation, three-month average Annual inflation
prices for services was still faster than that for goods.
INFLATION, CORE INFLATION, AND UNDERLYING INFLATION Chart 1
63х170
(% GROWTH YOY)
20 2.0
18
203
23.11.2023
Households’ inflation expectations increase
23 November 2023
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In November 2023, estimated inflation expected by households in one year rose to
204
20.11.2023
Annual inflation speeds up in most regions in October
20 November 2023
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High consumer demand that allows sellers to gradually
205
15.11.2023
Inflation speeds up in October
15 November 2023
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Annual inflation increased to 6.7% in October from 6.0% in
2018 2019 2020 2021 2022 2023
Inflation expected in one year Inflation expected in five years Observed inflation Annual inflation
Sources: InFOM, Rosstat.
DISTRIBUTION OF
207
30.10.2023
Households’ inflation expectations decrease but stay elevated
30 October 2023
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In October 2023, the twelve-month-ahead inflation expectations of households decreased
first time since February 2023. Services price
growth remained elevated.
INFLATION, CORE INFLATION, AND UNDERLYING INFLATION Chart 1
63х170
(% GROWTH YOY)
20 2.0
18
209
18.10.2023
Annual inflation in most regions speeds up in September
18 October 2023
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The acceleration of inflation was mostly caused by
210
13.10.2023
Inflation speeds up in September
13 October 2023
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Annual inflation picked up to 6.0% in September. Seasonally adjusted month-on-month