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Money and Finance

Inflation Targeting

How to Identify “Visible Items”
Opinions
Monetary Policy
How to Identify “Visible Items”
December 25, 2023   |   Vadim Grishchenko ,  Nadezhda Ivanova

People’s inflation expectations are often based on the dynamics of prices for certain goods and services called “visible items”. For Russians, these visible items include durables such as cars and clothes, and also petrol, housing maintenance and public transport fares.

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