Households’ inflation expectations improve in June: Survey
The 12-month ahead annual inflation expectations among both households and market participants improved in June, according to a survey conducted by the Central Bank.
The bank said on June 22 that households’ 12-month-ahead annual inflation expectations declined by 3.38 percentage points from the previous month to 46.13 percent.
The share of households expecting the inflation rate to decline over the next 12 months compared to the previous month increased by 0.1 percentage point to 15.7 percent, the bank said.
“The product and service groups that households assessed as having increased the most in price over the past year and expected to increase the most in the next 12 months were food and fuel and energy,” the survey showed.
