Inflation expectations in Russia increased by 1 percentage point to 12.2% in November. This is evidenced by data from the published survey “inFOM”. Web site Bank of Russia.
According to the survey, inflation expectation in October decreased by 0.5 points compared to September and became 11.2%, while previously this figure had been increasing since June.
Before that, Director of the Institute of Economics and Finance of the State Business University Galina Sorokina statedDespite the increase in the interest rate of the Central Bank of the Russian Federation and the unstable foreign policy situation, Russians continue to increase consumption.
Deputy Governor of the Bank of Russia Olga Polyakova statedIt was stated that the Central Bank is ready to increase interest rates until it sees a stable slowdown in inflation rates and inflation expectations.
16 November Central Bank President Elvira Nabiullina statedIt is stated that each percentage of annual inflation costs the country’s citizens 600 billion rubles.
Previously, annual inflation in October in the Russian Federation accelerated It increased to 6.69% compared to 6% in September.