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2021 Expected inflation Expected inflation (subgroup with savings) Observed inflation Expected inflation (subgroup without savings) Annual inflation Observed inflation (subgroup with savings) Inflation floor 10

Inflation expectations remain elevated in November 25 November 2021 News Share VKontakte Telegram Макс Households’ inflation expectations somewhat declined in November but stayed close to

inflation expectations. Annual inflation is forecast to reach 7.4–7.9% by the end of 2021. Given the current monetary policy stance, annual inflation

Inflation accelerates in most Russian regions in October 18 November 2021 News Share VKontakte Telegram Макс In October, annual inflation ranged from 3.1% in

Higher food prices instigate inflation in October 12 November 2021 News Share VKontakte Telegram Макс In October 2021, annual inflation grew to 8.13% which

2021 Expected inflation Expected inflation (subgroup with savings) Observed inflation Expected inflation (subgroup without savings) Annual inflation Observed inflation (subgroup with savings) Inflation floor 10

Inflation expectations go up in October 25 October 2021 News Share VKontakte Telegram Макс In October, households’ inflation expectations returned to their five-year highs. According

is Median Core inflation below the red line, this means that the two-year average price growth rate for this product Underlying inflation Inflation group is

Most regions record rise in inflation in September 15 October 2021 News Share VKontakte Telegram Макс Annual inflation in September ranged from 3.2% in

factors can keep inflation expectations elevated for a longer period. Given the current monetary policy stance, including future key rate decisions, annual inflation will edge