According to the Bank of Russia-commissioned survey carried out by InFOM, the estimates of inflation observed and expected by households continued to go up in November.
In contrast, companies’ short-term price expectations remained almost unchanged, as is evident from the findings of the Bank of Russia’s monitoring. There were no major changes in analysts’ inflation forecasts for the period until 2022 which stayed close to 4%.
More details are available in the new issue of the information and analytical commentary Inflation Expectations and Consumer Sentiment.
See PDF here: https://www.cbr.ru/Collection/Collection/File/31575/Infl_exp_20-11.pdf