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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...
Persistent link: https://www.econbiz.de/10013071424
In August 2013, the Consumer Price Index (CPI) amounted to 0.1% (same as its level in August 2012), which is by 0.7 pp. lower than its value recorded in July 2013. Thus, the inflation rate in per annum terms, as seen by the results of the first 8 months of 2013, increased above 6.5%. Over the...
Persistent link: https://www.econbiz.de/10013073669
Last year, the Bank of Russia pursued conservative monetary policy aimed at reducing inflation. As a result, the inflation was 5.4% (December 2016 compared to December 2015), being significantly lower than it had been in 2015 (12.9% in December 2015 compared to December 2014). It is now the new...
Persistent link: https://www.econbiz.de/10012959567
Inflation in Russia stood at 4.3% at 2018 year end, posting an increase of 0.3 percentage points over the central bank's target inflation rate and of 0.1 percentage points over its preliminary forecast. Early 2019 saw prices continue to heat up: consumer prices and services rose 0.7% in the...
Persistent link: https://www.econbiz.de/10012893436
Despite large scale external shocks seen in February-March 2020, there was no spike in inflation in Russia and at the period-end of June, the annual inflation rate came to merely 3.2%. After a short-term price surge, which was observed in MarchApril 2020, downward pressure on prices was exerted...
Persistent link: https://www.econbiz.de/10012826281
The Consumer Prices Index (CPI) in October 2015 continued to grow, up 0.6% (0.7% in October 2014), reaching 0.7% (0.8% in Oct. 2014). The Russian rouble's exchange rate in October strengthened a bit in response to both uptrend in the crude oil market as well as some geopolitical improvements....
Persistent link: https://www.econbiz.de/10013009615
The Russian currency in July-August saw further substantial depreciation in the exchange rate. The weakening of the ruble resulted largely in higher inflation and retained the central bank base rate at the level which was set in September at a meeting of the Central Bank Board of Directors. The...
Persistent link: https://www.econbiz.de/10013012846
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, inflation 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...
Persistent link: https://www.econbiz.de/10013050120
In November 2013, the Consumer Price Index (CPI) amounted to 0.6%, similar to October 2013 (vs. 0.3% in November 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 December,...
Persistent link: https://www.econbiz.de/10013059853
In Q1 2016, inflation slowed down both month-on-month and year-on-year, driven by further decline in internal demand amid a strengthening rouble, as well as due to the high base effect a year earlier. However, expectations for high inflation are still strong, which will stem decline in price...
Persistent link: https://www.econbiz.de/10012991872