INFLATION AND MONETARY POLICY IN MAY 2014

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.