Economists called the reasons for the growth of inflation expectations in September to 14.2%
The population’s expectations of price growth in September increased by 0.5 percentage points (pp) to 14.2% per annum, follows from the survey of LLC “inFOM”, conducted by order of the Bank of Russia from 3 to 15 September. Respondents with savings raised their inflation forecasts for the year by 0.8 percentage points to 12.8%. The assessment of respondents who do not have savings increased by 0.4 percentage points and reached 15.4%. The growth is associated with the weakening of the ruble and a shortage of fuel, according to economists interviewed by Vedomosti.
The population’s expectations of price growth in September increased by 0.5 percentage points (pp) to 14.2% per annum, follows from the survey of LLC “inFOM”, conducted by order of the Bank of Russia from 3 to 15 September. Respondents with savings raised their inflation forecasts for the year by 0.8 percentage points to 12.8%. The assessment of respondents who do not have savings increased by 0.4 percentage points and reached 15.4%. The growth is associated with the weakening of the ruble and a shortage of fuel, according to economists interviewed by Vedomosti.
