INFLATION AND MONETARY POLICY IN SEPTEMBER 2013

Alexandra Bozhechkova

Russian Economic Development, 2013, issue 11, 4-7

Abstract: In September 2013, the Consumer Price Index (CPI) amounted to 0.2% (against 0.6% in September 2012), which is by 0.1 pp. higher than its value recorded in August 2013. Thus, the inflation rate in per annum terms, as seen by the results of the first 9 months of 2013, increased above 6.1%. Over the first 23 days of October, the CPI amounted to 0.4%. In spite of a slowdown in economic activity, the RF Central Bank has not reduced its target interest rate.

Keywords: INFLATION; AND; MONETARY; POLICY (search for similar items in EconPapers)
JEL-codes: E52 P24 (search for similar items in EconPapers)
Date: 2013
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