The central bank noted that the secondary effect of the increase in fuel prices is the adjustment of expectations to inflation in general. The transfer of rising fuel prices to a wider range of goods and services supports the inflation expectations of the population and enterprises close to historical highs, according to the final version of the main directions of the country's unified monetary policy for the years 2027-2029, published by the Bank of Russia. "Although in October the inflation expectations of companies and citizens fell slightly from the record levels, on average in the last months they were close to the maximum values ​​of 2024-2025.

The central bank noted that the secondary effect of the increase in fuel prices is the adjustment of expectations to inflation in general. The transfer of rising fuel prices to a wider range of goods and services supports the inflation expectations of the population and enterprises close to historical highs, according to the final version of the main directions of the country's unified monetary policy for the years 2027-2029, published by the Bank of Russia. "Although in October the inflation expectations of companies and citizens fell slightly from the record levels, on average in the last months they were close to the maximum values ​​of 2024-2025.