Cbank: Russians' inflationary expectations grow in December

MOSCOW, Dec 26 (PRIME) -- Russians’ inflationary expectations for the next 12 months grew by 0.7 percentage points on the month to 9% in December, rising for the first time since June, the central bank said in a statement on Thursday.

The central bank expects that inflation will range 2.9–3.2% in 2019 and fall below 3% in January–March 2020, rise to 3.5–4% as of the end of next year and stay at 4% in the future.

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