Inflation and Monetary Policy
The effect of September indexation of housing and public utilities prices began to subside, leading to a slowdown of inflation in October: as per the month results, the CPI equaled the same period of the last year and amounted to 0.5%. In November, the growth rate of consumer prices remained unchanged and on November 19 amounted to 0.3%. As a result, the cumulative inflation since the beginning of the year on that date amounted to 6% (against the relevant indicator of 5.6% last year). Thus, as per the year results, inflation is likely to be within the projected value, the upper level of which is 7%. According to tentative estimates of the RF Central Bank, the net capital outflow from the country within ten months of the current year reached $61bn (vs. $60bn the relevant period of 2011).
Volume (Year): (2012)
Issue (Month): 12 (November)
|Contact details of provider:|| Postal: |
Phone: (495) 629-6413
Fax: (495) 203-8816
Web page: http://www.iep.ru/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:gai:recdev:33. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Hugues)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.