Search results

2025 2026 2027 (actual) Inflation, as % in December year-on-year 7.4 8.0-8.5 4.5-5.0 4.0 4.0 Inflation, average for the

the current high inflation. Short-term inflation expectations of analysts and long-term expectations calculated based on financial market instruments increased as well. High inflation expectations enhance

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

went up to 9.0–11.5%, while breakeven inflation continued to go down. Simultaneously, households’ inflation expectations lowered but remained at historical highs. High

target of close to 4%. Companies’ price expectations went up, whereas households’ inflation expectations were down, while remaining elevated. More details are available in the

underlying inflation rose month-on-month. High inflation is driven by strong domestic demand, which grows faster than the output of goods and services. For inflation to

high. To put the economy on a sustainable disinflationary path and bring inflation back to target, tight monetary conditions will have to be maintained for

and personal developments (Bjuggren and Elert, 2019). For example, women have higher inflation expectations than men (Armantier et al., 2013). This can lead to suboptimal

Monetary conditions tighten in September 9 October 2024 News Share VKontakte Telegram Макс Nominal and real interest rates increased in most financial market segments. Inflation

of inflation to the target in 2025. • The situation with inflation expectations continues to deteriorate (except for lower breakeven inflation for OFZ-IN). More adaptive inflation