March 25, 2020 / 11:39 AM / 3 days ago

Russians' inflationary expectations steady in March, seen rising in future -

MOSCOW, March 25 (Reuters) - Russian households’ expectations for inflation in the year ahead stood at an average of 7.9% in March, the same level as in February, the central bank said on Wednesday based on a regular poll.

Inflationary expectations, which were hovering near their lowest levels ever recorded, were measured in early March before a rapid slump in the rouble that is now seen spurring consumer inflation in the next few months, the central bank said. (Reporting by Elena Fabrichnaya; Writing by Andrey Ostroukh; Editing by Hugh Lawson)

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