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Inflation: Limits Of Slowdawn

Author

Listed:
  • Bozhechkova Alexandra

    (Gaidar Institute for Economic Policy)

  • Trunin Pavel

    (Gaidar Institute for Economic Policy)

  • Goryunov Evgeny

    (Gaidar Institute for Economic Policy)

Abstract

In Q1 2016, inflation slowed down both month-on-month and year-on-year, driven by further decline in internal demand amid a strengthening rouble, as well as due to the high base effect a year earlier. However, expectations for high inflation are still strong, which will stem decline in price growth rates in the mid-run.

Suggested Citation

  • Bozhechkova Alexandra & Trunin Pavel & Goryunov Evgeny, 2016. "Inflation: Limits Of Slowdawn," Russian Economic Development, Gaidar Institute for Economic Policy, issue 5, pages 13-15, May.
    • Handle: RePEc:gai:recdev:recdev-2016-5-624
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    File URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-5-624.pdf
    File Function: Revised version, 2016
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    More about this item

    Keywords

    INFLATION AND MONETARY POLICY; Russian Economy;

    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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