INFLATION AND MONETARY POLICY IN NOVEMBER 2013

Alexandra Bozhechkova

Russian Economic Development, 2013, issue 1, 9-11

Abstract: 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 December, the CPI amounted to 0.3%. Despite the ongoing slowdown in economic activity, the RF Central Bank has so far abstained from cutting its overnight lending 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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