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231
17.04.2023
Annual inflation declines while current price growth speeds up
17 April 2023
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In March, annual inflation slumped due to the
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.
235
22.03.2023
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
236
22.03.2023
Inflation expectations stay elevated
22 March 2023
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Households’ inflation expectations for a year ahead declined in March 2023, while remaining
237
21.03.2023
Annual inflation continues to decline in most Russian regions
21 March 2023
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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
240
27.02.2023
Inflation expectations remain elevated
27 February 2023
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In February 2023, households’ inflation expectations for the year ahead edged up, remaining