Russian households’ inflation expectations steady at 12.6% in October

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 October 2025, households in Russia maintained their one-year-ahead inflation expectations at 12.6%, according to a survey conducted by InFOM. The results show no change from September’s figures. The survey also found that inflation expectations increased slightly among respondents who have savings, while they decreased for those without savings.

The consumer sentiment index declined during the same period. Meanwhile, companies reported higher price expectations.

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



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