Inflation and Monetary Policy in October 2013

Russian Economic Developments. Moscow. 2013, No. 12, pp. 8-11

4 Pages Posted: 22 Dec 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: December 21, 2013

Abstract

The consumer price index stood at 0.6% in October 2013 (against 0.5% in October 2012), having shown a 0.4 p.p. increase as compared to September 2013. Therefore inflation increased more than 6.3% on a year-over-year basis at the end of the 10-month period. In the first 18 days of November 2013 the consumer price index stood at 0.3%. The Central Bank of Russia is still retaining the target interest rate despite a decline in the economic activity

Keywords: Russian economy, inflation, monetary policy

JEL Classification: P24, E52

Suggested Citation

Bozhechkova, Alexandra, Inflation and Monetary Policy in October 2013 (December 21, 2013). Russian Economic Developments. Moscow. 2013, No. 12, pp. 8-11, Available at SSRN: https://ssrn.com/abstract=2370832

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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