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Inflation Core inflation Underlying inflation Three-month price average growth (SA, right-hand scale) Sources: Rosstat, Bank of Russia calculations. Indicators of stable price movements Annual inflation,

policy in turn impacts inflation expectations. Achieving the inflation target and maintaining inflation at a steadily low level help anchor inflation expectations and reduce their

IMPROVE INFLATION FORECAST ACCURACY? MARCH 2023 1. Introduction Central banks implementing inflation targeting make monetary policy decisions based on the analysis and forecasting of inflation.

Does CPI disaggregation improve inflation forecast accuracy? Kramkov V. If the consumer price index (CPI), one of the main indicators of inflation, consists of several

Inflation expectations stay elevated 22 March 2023 News Share VKontakte WhatsApp Telegram Households’ inflation expectations for a year ahead declined in March 2023, while remaining

Annual inflation continues to decline in most Russian regions 21 March 2023 News Share VKontakte WhatsApp Telegram In February, price growth continued to decelerate. This

2019 2020 2021 2022 2023 Expected inflation Observed inflation Annual inflation Sources: InFOM, Rosstat. 2 For details on inflation in January, refer to the information

Inflation Core inflation Underlying inflation Three-month price average growth (SA, right-hand scale) Sources: Rosstat, Bank of Russia calculations. Indicators of sustainable price movements Annual inflation

Inflation expectations remain elevated 27 February 2023 News Share VKontakte WhatsApp Telegram In February 2023, households’ inflation expectations for the year ahead edged up, remaining

inflation in Russian regions varies from 6.6% to 18.1% in January 20 February 2023 News Share VKontakte WhatsApp Telegram The minimum annual inflation