Inflation and Monetary Policy in April 2013

Russian Economic Developments. 2013, #6, pp. 11-13

3 Pages Posted: 6 Jul 2013

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: July 4, 2013

Abstract

In April 2013 the consumer price index made 0.5% (versus 0.3% in April 2012), which is by 0.2 p.p. higher than in March of this year. In May inflation was also growing: in the 20 days of the month the CPI reached 0.4%. As a result, the inflation rate in annual terms has exceeded 7.2%. In Q1 2013, according to the tentative estimates of the Bank of Russia, the net outflow of capital from the country amounted to $25.8bn, which is by $7.8bn less than in 2012.

Keywords: Russian economy, inflation, monetary policy

JEL Classification: P24, E52

Suggested Citation

Bozhechkova, Alexandra, Inflation and Monetary Policy in April 2013 (July 4, 2013). Russian Economic Developments. 2013, #6, pp. 11-13, Available at SSRN: https://ssrn.com/abstract=2289795 or http://dx.doi.org/10.2139/ssrn.2289795

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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