New macroeconomic indicator – inflationary expectations of citizens is introduced

Elvira Latypova

The Central Bank of Russia has started to measure inflationary expectations of citizens. Sergey Shvetsov, the Vice-president of the Central Bank informed about it "Izvestia".

According to Sergey Shvetsov, monitoring is spent by efforts of the Central Bank, further outsourcing is possible. The Public Opinion Fund "Levada-centre" or the Transitional Economy Centre can be engaged in definition of inflationary expectations.

Thus, the new macroeconomic indicator similar to the American consumer confidence index is introduced in Russia. Results of measurements, most likely, will be declared this year.

#central bank #inflation #indicator

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