Median inflation expectation increased for one year horizon by 20 bps (one basis point is 0.01 percent) to 10.1 per cent in November 2023. “ Households expect some rise in price and inflationary pressures across major product groups for the year ahead ” said the findings of the central bank’s inflation expectation survey. Households expect some rise in price and inflationary pressures across major product groups for the year ahead.
