Inflation expectations dip in March according to latest InFOM survey

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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Household inflation expectations have fallen slightly, according to InFOM’s latest survey. The survey indicates that estimates for inflation expected in a year have decreased from 13.7% in February 2025 to 12.9% in March 2025. This reduction is seen among respondents with savings, while those without savings reported little change.

The consumer sentiment index showed an increase. Additionally, businesses’ price expectations have been dropping for the second consecutive month but remain at a high level.

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



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