In October, the Bank of Russia brought a nice figure: Russians expect the next 12 months for price growth by 13.2% instead of September's 14.2%. The "InFOM" survey was conducted between October 5 and 15. The drop of one point is to please the regulator, trying to bring inflation back to 4%. However, even after the improvement in sentiment, expected inflation exceeds this target by 9.2 points. The price scare has weakened, but it won't go away. Consumer anxiety is expensive for the economy. Anticipating a price increase, the buyer rushes to the goods, and the supplier drafts the contract in advance. The Bank of Russia takes this effect into account when choosing a rate. At the same time, the median assessment of the survey describes the views of the people. It is not equal to the growth rate of prices and does not indicate how many goods the citizens are really buying. Soil for October helped with daily statistics. The inflation estimate, which referred to the citizens themselves, dropped from 15.1 to 14.5%. Rosstat recorded between October 13 and 19, an increase in prices of 0.05% after 0.11% the week before. It's a weekly standout. On October 19, prices managed to rise by 1.06% for the month and 1.65% since the beginning of the year. The annual rate of the Ministry of Economic Development is estimated at 7.15%. In the week between September 29 and October 5, prices rose by 0.96%, including up to 0.75p. Due to an increase in rates according to the Ministry of Economic Development. A week crosses the boundary of months, so adding an estate in subsequent weeks, which would give the result for October, would be a mistake. Behind the seemingly larval sequence hides an uncomfortable detail. The population became more relaxed in assessing inflation after 12 months, but expectations in 5 years immediately rose by 1.5 percentage points, from 10.7 to 12.2%. For a production that pays for equipment over several years, a long horizon is more important than a good week. Even with the close comparison of loans, the entrepreneur will assume that the cost of labor and materials can increase for years. The household itself feels the prices differently.

In October, the Bank of Russia brought a nice figure: Russians expect the next 12 months for price growth by 13.2% instead of September's 14.2%. The "InFOM" survey was conducted between October 5 and 15. The drop of one point is to please the regulator, trying to bring inflation back to 4%. However, even after the improvement in sentiment, expected inflation exceeds this target by 9.2 points. The price scare has weakened, but it won't go away. Consumer anxiety is expensive for the economy. Anticipating a price increase, the buyer rushes to the goods, and the supplier drafts the contract in advance. The Bank of Russia takes this effect into account when choosing a rate. At the same time, the median assessment of the survey describes the views of the people. It is not equal to the growth rate of prices and does not indicate how many goods the citizens are really buying. Soil for October helped with daily statistics. The inflation estimate, which referred to the citizens themselves, dropped from 15.1 to 14.5%. Rosstat recorded between October 13 and 19, an increase in prices of 0.05% after 0.11% the week before. It's a weekly standout. On October 19, prices managed to rise by 1.06% for the month and 1.65% since the beginning of the year. The annual rate of the Ministry of Economic Development is estimated at 7.15%. In the week between September 29 and October 5, prices rose by 0.96%, including up to 0.75p. Due to an increase in rates according to the Ministry of Economic Development. A week crosses the boundary of months, so adding an estate in subsequent weeks, which would give the result for October, would be a mistake. Behind the seemingly larval sequence hides an uncomfortable detail. The population became more relaxed in assessing inflation after 12 months, but expectations in 5 years immediately rose by 1.5 percentage points, from 10.7 to 12.2%. For a production that pays for equipment over several years, a long horizon is more important than a good week. Even with the close comparison of loans, the entrepreneur will assume that the cost of labor and materials can increase for years. The household itself feels the prices differently.