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Inflation expectations continue to grow 26 September 2023 News Share VKontakte Telegram Макс In September, estimated inflation expected by households in one year went up

2023 H1, rather than the current situation with price changes. INFLATION, CORE INFLATION, AND UNDERLYING INFLATION Chart 1 63х170 (% GROWTH YOY) 20 2.0 18

Annual inflation accelerates in most regions in August 19 September 2023 News Share VKontakte Telegram Макс Annual inflation accelerated mainly on the back of a

Talking Trends: persistent acceleration of inflation 5 September 2023 News Share VKontakte Telegram Макс Aggregate demand in the economy continued to increase in July—August,

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

Inflation expectations increase 23 August 2023 News Share VKontakte Telegram Макс According to the inFOM's survey, inflation expectations of households for the year ahead

to December 2022 reduced annual inflation by 0.3 pp in July 2023 month-on-month. INFLATION, CORE INFLATION, AND UNDERLYING INFLATION Chart 1 (% GROWTH, YOY) 20

Annual inflation continues to rise in most Russian regions in July 16 August 2023 News Share VKontakte Telegram Макс Prices were pushed up by higher

NPFs’ returns exceed inflation 16 August 2023 News Share VKontakte Telegram Макс Over 2023 H1, weighted average returns on the pension savings and pension reserves

inflation will come in at 5.0–6.5% in 2023, return to 4% in 2024, and stay close to 4% further on. Inflation, inflation