Translated material
The Central Bank criticized the Russians for personal estimates of price growth and called for trusting Rosstat
The population believes that inflation in Russia is one and a half to two times higher than the official, but they disagree with this in the Central Bank, Vedomosti reports . Its employees are sure that residents evaluate the change in prices only from their experience and a personal consumer basket.
As an example, the Bank of Russia cites data on December 2024 - then the official annual inflation rate amounted to 9.52%, and the population estimated it an average of 15.9%, the difference was. The Central Bank is sure that the matter is the subjectivity of assessments and the mismatch of goods that the Russians buy constantly, and the list of products by which Rosstat evaluates inflation.
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For example, Rosstat expects a change in prices for cars and household appliances, while a resident of Russia is more likely to be interested in the cost of vegetables. The Central Bank is “complaining” to the logic, according to which the Russians count the level of inflation - it is called “sensitive” and “intuitive”.
The Central Bank also criticized real inflation researchers - banks, research organizations and individual researchers. Their conclusions are called "undersicated", "uninformative" and "simplified." The regulator believes that you can only trust the data of Rosstat, whose calculation methodology complies with international accepted standards.
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Rosstat calculates inflation on the average consumer basket - it includes 500 units of goods and services. The department claims to update it every year on the basis of real purchases of Russians. According to Vedomosti, tens of thousands of families communicate with Rosstat, and taxes, purchases and repair of real estate, as well as works of art, antiques and jewelry as investments are excluded from the calculation.
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