As indicated by the InFOM survey, household inflation expectations for one year ahead decreased to 13.7% in February 2025 from 14.0% in January. The decline was noted among respondents regardless of whether they had savings.
The consumer sentiment index showed an increase, while business price expectations fell significantly for the first time since the first quarter of 2024, although they remain elevated.
Further insights can be found in the upcoming Bank of Russia's commentary titled "Inflation Expectation and Consumer Sentiment."
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