Stock Groups

Inflationary expectations in Russia ease in January -cenbank -Breaking

by Mike Robinson

[ad_1]


MOSCOW, (Reuters) – Inflation expectations for Russian households decreased to 13.7%, from 14.8% a few months earlier, according to central bank data Wednesday.

According to a bank report, “A sustained decrease in inflationary expectations cannot yet be seen.” These factors continue to have a significant upward impact on price dynamics and consumer demand. In its decisions on monetary policy, the Bank of Russia has taken this into consideration.

Russia’s annual inflation has reached its highest levels since 2016, far exceeding the central bank’s target of 4%. Reuters polled analysts and found that they expect the bank will raise its key rate 100 basis points to 9.5% by February 11.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses caused by the data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]