In January 2025, household inflation expectations for the coming year increased slightly to 14.0% from 13.9% in December, according to a survey by InFOM. The survey indicated that expectations remained steady among respondents with savings but rose among those without.
The consumer sentiment index showed an upward trend during this period. Meanwhile, companies' price expectations remained stable and have been near their peak levels since spring 2022.
Further information can be found in the latest issue of the Bank of Russia's commentary titled "Inflation Expectations and Consumer Sentiment."