Page 31 - RUSRptApr17

seen in regulated passenger transport fees, though its level remains the most elevated in the category (7.6% y/y vs. 9.2% in February).
Inflation expectations continued to improve. According to the CBR/Public Opinion Fund’s survey, the median of the expected 12mo inflation is down to 11.2%, while the CBR’s own adjusted measures of inflation expectations have already reached the target (4.0% and 4.1% for uniform and normal distributions, respectively). The percentage of those surveyed that believe the CBR will be able to hit the 4% target has returned to January’s record high of 23%.
31 RUSSIA Country Report April 2017 www.intellinews.com