Search results

Securities are the Bank of Russia’s investments in the achieving the inflation target. The key rate is set by the Bank debt securities of

The agents choose the dollarization share basing on the observed oil price inflation, sentiment index, and exchange rate values. The oil price is generally regarded

public administration are annually indexed to the Construction (+34%) previous year’s inflation. Inflation was 4.3% in 2018 and 3.0% in 2019. 8

Instruments are Inflation 4.3% Inflation 3.0% Inflation 4.4% Inflation targeting is “Floating rate and represented as a developed, the inflation targeting by

8 / DECEMBER 2020 5 1. Inflation Annual inflation came in at 4.4% in November. The leading indicators of inflation, including producer prices of consumer

domestic inflation is lower than in the case of unsmoothed OGRs: 0.06% and 0.36% respectively. The contribution of import and domestic inflation to

adjusted, % Line – annual inflation, % (rhs); thin line – 3MMA SAAR Sources: Rosstat, Bank of Russia’s estimates 8 Inflation expectations – households Oct Nov Inflation observed and

Annual inflation in November varied from 1.9% in Chukotka to 6.4% in the Republic of Dagestan, averaging 4.4% across Russia. Inflation sped

economies with high inflation rates, floating rates prevailed. In South Africa, the share of mortgages with floating rates reaches 95% (the average inflation rate in

of households’ inflation expectations, but rather their response to one-off factors. The fact that households’ inflation expectations are significantly higher than current inflation is typical