In October 2024, households' estimated inflation expectations for the next year rose to 13.4% from 12.5% in September, according to InFOM's survey. Both respondents with and without savings reported an increase in their inflation expectations.
The consumer sentiment index saw a slight decline but remained near the highs observed between 2016 and 2023. Meanwhile, companies' price expectations have risen once again.
Further information can be found in the latest issue of the Bank of Russia's commentary on Inflation Expectations and Consumer Sentiment.