“infom”: in the coming year, Russians expect inflation of 12.1%

In the next 12 months, Russians expect inflation of 12.1%, follows from a survey by inFOM LLC, commissioned by the Central Bank of the Russian Federation. Inflationary expectations of the population in December, as compared to November, almost did not change.

“Inflationary expectations of the population for the year ahead remained almost unchanged in December and amounted to 12.1% (0.1 percentage points against November). Long-term inflation expectations have risen slightly. material Central Bank “Inflation expectations and consumer sentiment”. Inflationary expectations of the population and enterprises in December remained elevated, it follows from it.

Inflation observed by the population slowed down to 16.3% (1.3 percentage points against November), and the price expectations of enterprises for the three months ahead continued to rise. Analysts’ forecasts for inflation have slightly decreased, according to the Central Bank forecast, annual inflation will return to 4% in 2024. “The index of consumer sentiment in December remained noticeably lower than in September,” the material says.

According to Rosstat, inflation in Russia in the week from 13 to 19 December slowed down from 0.19% to 0.02%. Consumer prices have increased by 11.88% since the beginning of 2022.

Maria Fedotova