Inflation and Monetary Policy in September 2013

Russian Economic Developments. Moscow, 2013, #11, pp. 4-7

4 Pages Posted: 26 Nov 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: November 25, 2013

Abstract

In September 2013, the Consumer Price Index (CPI) amounted to 0.2% (against 0.6% in September 2012), which is by 0.1 pp. higher than its value recorded in August 2013. Thus, the inflation rate in per annum terms, as seen by the results of the first 9 months of 2013, increased above 6.1%. Over the first 23 days of October, the CPI amounted to 0.4%. In spite of a slowdown in economic activity, the RF Central Bank has not reduced its target interest rate.

Keywords: Russian economy, inflation, monetary policy

JEL Classification: P24, E52

Suggested Citation

Bozhechkova, Alexandra, Inflation and Monetary Policy in September 2013 (November 25, 2013). Russian Economic Developments. Moscow, 2013, #11, pp. 4-7, Available at SSRN: https://ssrn.com/abstract=2359370 or http://dx.doi.org/10.2139/ssrn.2359370

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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