Inflation expectations of the population in may has reached historical lows

© RIA Novosti / Natalia to Seliverstova in fotobanka the building of the Central Bank of Russia on Neglinnaya street in Moscow. Archival photoInflation expectations of the population in may has reached historical lows© RIA Novosti / Natalia to Seliverstova the image Bank

Inflationary expectations of the Russian population in may has reached historical lows, but still remain elevated at 10.3%, said the Chairman of the Bank of Russia Elvira Nabiullina.

«The anchoring of inflation close to the target level contributes to the decline in inflation expectations in the economy. With regard to the population — inflation expectations in may hit record lows, but are still at an elevated level and amount to 10.3%», — she said at a press conference on Friday.

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