December 2024 recorded a rise in one-year-ahead household inflation expectations, increasing to 13.9% from 13.4% in November, according to the InFOM survey. This increase was noted among respondents regardless of whether they had savings.
The consumer sentiment index has dropped to its lowest point in two years. Business price expectations have also risen once more.
Further information can be found in the latest issue of the Bank of Russia’s commentary on Inflation Expectations and Consumer Sentiment.
