Cbank: Russians inflationary expectations rise to 8.5% in March - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Cbank: Russians inflationary expectations rise to 8.5% in March

MOSCOW, Apr 4 (PRIME) Households inflationary expectations for the next 12 months edged up to 8.5% in March from 8.4 in February, the central bank said on Wednesday in a research note.

A direct estimate of households inflationary expectations for the next 12 months by inFOM calculated basing on answers to the question of the inflation level was virtually unchanged in March after a significant fall in the previous month (8.5% compared to 8.4% in February). Such dynamics corresponds to the trend of falling inflationary expectations, the statement said.

The central bank also said that respondents inflationary expectations for the end of 2018 and for the next three years remained unchanged from previous months.

Less than half of the polled expects inflation to overshoot 4% this year for a third consecutive month. At the same time the share of those expecting inflation to overshoot 4% within three years fell to an all-time low of 39%, it said.

Estimates of perceived inflation also decreased. Perceived inflation is below 10% for a third month in a row. The indicator hit a new low falling to 9.2% after 9.4% in February, it said.

The number of those who felt a very strong price rise fell by three percentage points. Such an improvement in assessment of perceived inflation was reflected in answers to the question about goods and services, which became the priciest last month. Respondents now mention meat and poultry, housing services, cheese, sausages, tobacco and cigarettes, tea, coffee, vegetable oil and passenger transport less than before. This means that people really see a slower price growth, the central bank said.


04.04.2018 15:41
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 69.8608 -0.5663 14 dec
USD 62.5544 -0.6713 14 dec
Stock Market Indices
1D 1W 1M 1Y
rtsi 1501.42 +0.30 18:50 13 dec
micex 2996.63 +0.46 18:50 13 dec
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 249.50 -0.39 18:49 13 dec
lkoh 6168.00 +0.52 18:49 13 dec
rosn 451.10 -0.38 18:48 13 dec
sber 241.21 +0.07 18:49 13 dec
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 69.7250 -0.5800 14:59 13 dec
USDTD 62.7300 -0.1900 17:44 13 dec