INFLATION AND MONETARY POLICY IN APRIL 2014

Alexandra Bozhechkova

Russian Economic Development, 2014, issue 6, 5-8

Abstract: In April 2014, the consumer price index stood at 0.9% (0.5% in April 2013), 0.1 p.p. down the value observed in March 2014. Therefore, inflation stood at 7.3% at the end of 12-month period. The consumer price index reached 0.5% for the fi rst 19 days in May 2014. The regulator further tightened the monetary policy by increasing the key interest rate to 7.5% p.a. on April 25, 2014.

Keywords: INFLATION; AND; MONETARY; POLICY (search for similar items in EconPapers)
JEL-codes: E52 P24 (search for similar items in EconPapers)
Date: 2014
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