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Inflation And Monetary Policy In October 2013

Author

Listed:
  • Alexandra Bozhechkova

    (Gaidar Institute for Economic Policy)

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

Suggested Citation

  • Alexandra Bozhechkova, 2013. "Inflation And Monetary Policy In October 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 12, pages 8-11, December.
  • Handle: RePEc:gai:recdev:246
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    More about this item

    Keywords

    INFLATION AND MONETARY POLICY;

    JEL classification:

    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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