The Central Bank recorded a two-fold gap between official inflation and public estimates.
In October 2026, the assessment of actual price increases by citizens made 14,5%, According to the Bank of Russia's information and analytical bulletin, compiled using data from a nationwide survey conducted by the company "inFOM," this is twice as high as official reports: according to the latest data from the Ministry of Economic Development and Rosstat, annual inflation in the country has slowed to 7,11%.
What is rising in price the fastest?
In October, the most frequently increasing prices were: mentioned Housing and utilities, eggs, meat and poultry, and fruits and vegetables. Gasoline continues to be frequently mentioned among the items whose prices have increased "very significantly."
Expectations for one year and five years
In October, the population's inflation expectations for the year ahead amounted to 13,2 % in October. Expectations for the five-year horizon have risen since July. 10,7 % until 12,2 %The share of respondents who consider the current moment suitable for saving money rather than making large purchases was almost half (49,3 %).
Bank of Russia forecast
The Bank of Russia's official inflation forecast for the end of 2026 is 7,1-7,6% with a return to target 4% in 2027 year.
