Inflation and Monetary Policy in November 2013

Russian Economic Developments. 2014, #1, pp. 9-11

3 Pages Posted: 30 Jan 2014

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: January 29, 2014

Abstract

In November 2013, the Consumer Price Index (CPI) amounted to 0.6%, similar to October 2013 (vs. 0.3% in November 2012). As a result, the inflation rate in per annum terms, as seen by the results of the first 11 months of 2013, rose above 6.5%. Over the period from 1 December through 16 December, the CPI amounted to 0.3%. Despite the ongoing slowdown in economic activity, the RF Central Bank has so far abstained from cutting its overnight lending rate.

Keywords: Russian economy, inflation, monetary policy

JEL Classification: P24, E52

Suggested Citation

Bozhechkova, Alexandra, Inflation and Monetary Policy in November 2013 (January 29, 2014). Russian Economic Developments. 2014, #1, pp. 9-11. Available at SSRN: https://ssrn.com/abstract=2387543 or http://dx.doi.org/10.2139/ssrn.2387543

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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