Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Physics and Power Engineering (IPPE)
Gaidar Institute for Economic Policy; Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Applied Economic Research
Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Business Studies; Financial Research Institute of the Ministry of Finance of the Russian Federation; Gaidar Institute for Economic Policy
Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Social Analysis and Forecasting
Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Applied Economic Research; affiliation not provided to SSRN
Gaidar Institute for Economic Policy; Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Applied Economic Research
Date Written: May 27, 2015
Abstract
Russian Abstract: Начавшееся в апреле и продолжившееся в мае снижение темпов инфляции в годовом выражении связано с одновременным действием нескольких факторов – укреплением рубля, продолжающимся сжатием потребительского спроса и снижением мировых цен на продовольствие. Фундаментальное влияние на макроэкономическую динамику продолжает оказывать рост цен на нефть: в первые три недели мая средняя цена барреля нефти была на 35% выше январского.
English Abstract: Commenced in April and ongoing in May reduction of inflation rates in annual terms is due to a number of factors: appreciation of the ruble, continued contraction of consumer demand and reduction of the global food prices. Fundumental influence on macroeconomic dynamics still impact growing oil prices: over first three weeks of May average crude oil price for a barrel was up 35% against January 2015.
Note: Downloadable document is in Russian.
Keywords: Russian economy, oil price, banking sector, real sector
JEL Classification: F34, G24, L 71, C53, E37, L21, L52
Avraamova, Elena M. and Bozhechkova, Alexandra and Deryugin, Alexander and Kiyutsevskaya, Anna and Khromov, Michael and Loginov, Dmitriy and Rogov, Kirill and Shagaida, Natalia and Shagaida, Natalia and Tsukhlo, Sergey and Trunin, Pavel, Оперативный Мониторинг Экономической Ситуации в России. (Monitoring of Russia's Economic Outlook.) (May 27, 2015). Тенденции и Вызовы Социально-Экономического Развития, № 8 (Май) 2015 г. (Trends and Challenges of Socio-Economic Development, No. 8 (May) 2015), Available at SSRN: https://ssrn.com/abstract=2668062
Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Physics and Power Engineering (IPPE) ( email )
Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Applied Economic Research ( email )
Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Business Studies ( email )
Vernadskogo ave. 82 Moscow, 119571 Russia +79166306588 (Phone)
Financial Research Institute of the Ministry of Finance of the Russian Federation ( email )
Nastasyinsky Lane, 3, p. 2 Moscow, 127006 Russia +79166306588 (Phone)
Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Social Analysis and Forecasting ( email )
Prechistenskaya naberezhnaya 11 Moscow, Moscow 119034 Russia
Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Applied Economic Research ( email )
Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Applied Economic Research ( email )
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