Inflation and Monetary Policy in April 2014

Russian Economic Developments. Moscow, 2014, #6, pp. 5-8

4 Pages Posted: 25 Jun 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: June 24, 2014

Abstract

In April 2014, the consumer price index stood at 0.9% (0.5% in April 2013), 0.1 p.p. down the value observed in March 2014. Therefore, inflation stood at 7.3% at the end of 12-month period. The consumer price index reached 0.5% for the first 19 days in May 2014. The regulator further tightened the monetary policy by increasing the key interest rate to 7.5% p.a. on April 25, 2014.

Keywords: Russian economy, inflation, monetary policy

JEL Classification: P24, E52

Suggested Citation

Bozhechkova, Alexandra, Inflation and Monetary Policy in April 2014 (June 24, 2014). Russian Economic Developments. Moscow, 2014, #6, pp. 5-8. Available at SSRN: https://ssrn.com/abstract=2458414 or http://dx.doi.org/10.2139/ssrn.2458414

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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