Consumer Opinion Surveys: Consumer Prices: Future Tendency for Russia
CSINFT02RUQ460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-77.00
Year-over-Year Change
8.45%
Date Range
10/1/1998 - 10/1/2021
Summary
The 'Consumer Opinion Surveys: Consumer Prices: Future Tendency for Russia' measures consumer expectations for future price changes in Russia. This forward-looking indicator provides valuable insights for economists and policymakers monitoring inflation pressures.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks Russian consumers' perceptions of future price trends. It is an important leading indicator, as consumer inflation expectations can influence actual spending and pricing behavior, shaping future economic conditions.
Methodology
The data is collected through monthly surveys of Russian households.
Historical Context
Policymakers use this indicator to anticipate changes in consumer demand and inflation dynamics.
Key Facts
- The survey has been conducted monthly since 1998.
- Russia's consumer price index rose 8.4% year-over-year in 2022.
- Household inflation expectations are a key input for the Central Bank of Russia's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks Russian consumers' perceptions of future price changes, providing a forward-looking measure of inflation expectations.
Q: Why is this trend relevant for users or analysts?
A: Consumer inflation expectations are an important driver of actual spending and pricing behavior, making this a valuable leading indicator for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Russian households.
Q: How is this trend used in economic policy?
A: Policymakers at the Central Bank of Russia use this indicator to anticipate changes in consumer demand and inflation dynamics, informing their monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant publication delays.
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Citation
U.S. Federal Reserve, Consumer Opinion Surveys: Consumer Prices: Future Tendency for Russia (CSINFT02RUQ460S), retrieved from FRED.