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Inflation And Monetary Policy In April 2014

Author

Listed:
  • Alexandra Bozhechkova

    (Gaidar Institute for Economic Policy)

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.

Suggested Citation

  • Alexandra Bozhechkova, 2014. "Inflation And Monetary Policy In April 2014," Russian Economic Development, Gaidar Institute for Economic Policy, issue 6, pages 5-8, June.
    • Handle: RePEc:gai:recdev:340
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    More about this item

    Keywords

    INFLATION AND MONETARY POLICY;

    JEL classification:

    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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