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Inflation And Monetary Policy In May 2014

Author

Listed:
  • Alexandra Bozhechkova

    (Gaidar Institute for Economic Policy)

Abstract

In May 2014, the consumer price index stood at 0.9% (0.7% in May 2013), being equal to the value observed in the previous month. Therefore, infl a?? on stood at 7.6% at the end of the 12-month period. The consumer price index reached 0.4% within 23 days in June 2014. as of June 1, 2014 banks’ debt owed to the regulator amounted to Rb 5.02 trillion. In May 2014, the value of the dual-currency basket contracted by 3% to Rb 40.4 and further declined by 3.2% to Rb 39.3 at the end of 27 days in June 2014.

Suggested Citation

  • Alexandra Bozhechkova, 2014. "Inflation And Monetary Policy In May 2014," Russian Economic Development, Gaidar Institute for Economic Policy, issue 7, pages 6-9, July.
    • Handle: RePEc:gai:recdev:354
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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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