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into consideration when making decisions on monetary policy to analyse and forecast inflation, identify the key trends in economic development across Russia in general and

we may expect them to rise with the pace of inflation. The predicted cumulative inflation is above 40%. If the bank does not upward revise

MB MB MB MB MBs’ percentage in inflation % 2023 100 34 11 12 14 13 11 5 Inflation % YoY Oct23 6.7 6.7 6.

between the official inflation reading and peoples’ estimate of inflation, observed inflation. Beyond observed inflation, we monitor the expected inflation indicator for inflation 12 months

growth in recent months. Households’ inflation expectations and businesses’ price expectations have increased. Analysts’ inflation expectations remain above the inflation target in 2024 but are

given the situation for achieving Foreign currency-denominated assets and precious metals the inflation target. The key rate is set by the Bank of Russia mainly

to help gradually slow inflation processes over the next few months and quarters. At the same time, given the high unanchored inflation expectations in the

Competition for Undergraduate&Graduate Students and PhD Fellows-2019 Competition 6 July 2018 Inflation: New Insights for Central Banks Conference 20 November 2017 Macroeconomic Models for

short-term money market rates were growing, evidencing monetary tightening. However, higher household inflation expectations contributed to monetary easing. The growth rates of monetary aggregates remained

several segments. This is set to bring about a gradual slowdown in inflation processes over the next few months and quarters. More details are presented