Bank of Russia reports stable household inflation expectations for July 2025

Elvira Nabiullina Governor of the Central Bank of Russia - Official Website
Elvira Nabiullina Governor of the Central Bank of Russia - Official Website
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In July 2025, household inflation expectations in Russia remained steady at 13.0% over the next year, according to a survey by InFOM. The figure is unchanged from the previous month. The survey also found that inflation expectations increased among respondents with savings but decreased slightly among those without savings.

The consumer sentiment index showed an increase during the same period. Companies reported a small rise in their price expectations.

Further information can be found in the latest issue of the Bank of Russia’s commentary “Inflation Expectations and Consumer Sentiment”.



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