The key factor in the strengthening of the real exchange rate of the ruble in the 2000s was the transformation based growth of Russia’s economy (the Balassa–Samuelson eff ect) coupled with the improving foreign trade conditions. As can be concluded on the basis of data for Q4 2014, for the...

The consumer price index stood at 0.7% in May 2013 (0.5% in May 2012), showing an increase of 0.2 p.p. vs. April 2013. In June, prices were growing too: the consumer price index reached 0.3% within 20 days of the month, thereby boosting inflation by 7.4% on a year-on-year basis. A downtrend in...

In June 2013, the consumer price index stood at 0.4% (against 0.9% in June 2012), being 0.3 p.p. less than in May 2013. The consumer price index reached 0.8%. within the first 20 days in July 2013. Therefore, infl a?? on exceeded 6.9% on a year-on-year basis. According to Bank of Russia’s...

In July 2013, the Consumer Price Index (CPI) amounted to 0.8% (against 1.2% in July 2012), which is by 0.4 p.p. higher than its value recorded in June 2013. Over the period from 1 August through 26 August, the CPI rose by 0.1%. Thus, the inflation rate in per annum terms increased above 5.6%. In...

The consumer price index stood at 0.7% (0.6% in February 2013) in February 2014, rising 0.1 p.p. above the value recorded in January 2014. As a result, inflation stood at 6.2% at the end of a 12-month period. The consumer price index reached 0.7% within 24 days in March 2014. The Bank of Russia...

In March 2014, the Consumer Price Index (CPI) amounted to 1% (vs. 0.3% in March 2013), which represents a 0.3 p.p. rise on February 2014. As a result, the inflation rate in per annum terms, as seen by the results of the past 12 months, rose to about 6.9%. Over the period from 1 April through 21...

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...

In March 2013 the consumer price index made 0.3% (0.6% in March 2012), which is less than in February of this year by 0.3 .p.p. In April, infl ation has also increased: within 15 days of the month CPI made 0.3%. As a result, infl ation reached in annual terms has reached 7.0%. In Q1 2013,...

In November 2013, the Consumer Price Index (CPI) amounted to 0.6%, similar to October 2013 (vs. 0.3% in No¬vember 2012). As a result, the inflation rate in per annum terms, as seen by the results of the first 11 months of 2013, rose above 6.5%. Over the period from 1 December through 16...

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’...