Inflation and Monetary Policy in March 2013

Russian Economic Developments, 2013, #5

Posted: 29 May 2013 Last revised: 2 Oct 2017

See all articles by Alexandra Bozhechkova

Alexandra Bozhechkova

Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research

Date Written: May 28, 2013

Abstract

In March 2013 the consumer price index made 0.3% (0.6% in March 2012), which is less than in February of this year by 0.3 p.p. In April, inflation has also increased: within 15 days of the month CPI made 0.3%. As a result, inflation reached in annual terms has reached 7.0%. In Q1 2013, according to preliminary estimates of the Bank of Russia, the net outflow of capital from the country reached $25.8bn, which is by $7.8bn less than the relevant indicator of 2012.

Keywords: Inflation, monetary policy

JEL Classification: P24, E52

Suggested Citation

Bozhechkova, Alexandra, Inflation and Monetary Policy in March 2013 (May 28, 2013). Russian Economic Developments, 2013, #5. Available at SSRN: https://ssrn.com/abstract=2271040 or http://dx.doi.org/10.2139/ssrn.2271040

Alexandra Bozhechkova (Contact Author)

Gaidar Institute for Economic Policy ( email )

Gazetny pereylok 3-5
Moscow, 125993
Russia

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research ( email )

Russia

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