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...

Russian Abstract: Целью данной работы является анализ роли Банка России в формировании денежного предложения с учетом внутренних и внешних факторов экономического...

Russian Abstract: В препринте проведено исследование долгосрочной динамики инновационного потенциала. Предложена методика выявления региональных особенностей...

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...

The consumer price index stood at 0.6% in January 2014 (1.0% in January 2013), rising 0.1 p.p. above the value recorded in December 2013. Inflation reached 6.1% at the end of 12 months. The consumer price index stood at 0.5% within the first 17 days in February 2014. Net capital outflow from the...

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,...

Further stabilization of inflation and the ruble exchange rate allowed the Bank of Russia Board of Directors to further cut the key interest rate to 11.50% p.a. on 15 June 2015. The cut was triggered by the fact that Russia's economy was still facing serious risks of a downturn amid weakening...

On 30 April 2015, the Bank of Russia reduced the key interest rate from 14% to 12.5% per annum, noting in this connection that the inflation risks had become less pronounced, but that the risks of a more significant cooling of the economy were still there. By all indications, the RF Central Bank...

Due to a shift in the balance of risks towards a more significant cooling of the economy, at the Bank of Russia Board of Directors' meeting on 13 March 2015 it was decided that the key interest rate should be reduced by 1 p.p. – to 14% per annum. In March 2015, the Consumer Price Index's...

Russian Abstract: Целью настоящей работы является проведение комплексного анализа влияния факторов на динамику реального обменного курса рубля. Во-первых, изучены...