Inflation expectations of Russians amounted to 12.1% in December
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Inflationary expectations of Russian residents are declining for the third month in a row. In December, the indicator decreased by 0.1 percentage points and amounted to 12.1% against 12.2% in November. The Bank of Russia (CB) announced this in its brief report.
At the same time, from the results of the study “Measuring inflation expectations and consumer sentiment based on population surveys”, it follows that the inflation observed by the population in December decreased to 16.3%, while in November this figure was at the level of 17.6%.
The survey participants included at least 2,000 respondents over the age of 18 from 105 settlements in 55 Russian regions.
According to the forecast of the Bank of Russia, annual inflation will be 12–13% in 2022, and, taking into account the ongoing monetary policy, it will decrease to 5–7% in 2023 and return to 4% in 2024.
Read more about the inflation expectations of Russians – in the material “Kommersant” “Bees suspect something”.
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