Inflation and Monetary Policy in June 2013
Russian Economic Developments. Moscow, 2013, No. 8, pp. 8-10
3 Pages Posted: 26 Sep 2013
Date Written: September 25, 2013
In June 2013, the consumer price index stood at 0.4% (against 0.9% in June 2012), being 0.3 p.p. less than in May 2013. The consumer price index reached 0.8%. within the first 20 days in July 2013. Therefore, inflation exceeded 6.9% on a year-on-year basis. According to Bank of Russia’s preliminary estimates, net capital outlaw from the country reached $10bn in Q2 2013, and totaled $38,4bn in H1 2013, being $1,7bn less year-on-year.
Keywords: Russian economy, inflation, monetary policy
JEL Classification: P24, E52
Suggested Citation: Suggested Citation