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the index of indus- trial production (seasonally adjusted), the rate of CPI inflation (seasonally adjusted), the interest rate on one-year government bonds, Gilchrist and Zakrajsek

rise in annual inflation in October, which ranged between 2.1% in Chukotka and 5.9% in the Republic of Komi. Nationwide, inflation averaged 4.

inflation in Russian regions, see the Median Inflation Annex ‘Economic situation in Russian regions’. Core inflation Underlying inflation 2 For more information on underlying inflation,

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

IN INFLATION DUE TO PRICE CHANGES BY GROUP Table 5 OF GOODS AND SERVICES, YEAR-TO-DATE (PERCENTAGE POINTS) Food1 Non-food Services Fruit Inflation for Core inflation

2018 2019 2020 Inflation Core inflation Median Inflation adjusted for shocks and exchange rate fluctuations Inflation without 20% of volatile components Underlying inflation Sources: Rosstat,

growth comes together with the shrinkage in GDP growth or rise in inflation. They base their findings on 2000-2012 data for four Asian economies. As

efforts to mitigate the impact of the pandemic have influenced lending and inflation. Since February, when the first signs of coronavirus spreading outside China manifested

Inflationary pressure close to 4% 11 November 2020 News Share VKontakte WhatsApp Telegram In October, annual inflation reached 4.0%. This was because monthly price

negative tors. These include, first of all, a favourable INFLATION, CORE INFLATION, AND AVERAGE ANNUAL INFLATION* Chart 6 (GROWTH AS A PERCENTAGE OF CORRESPONDING MONTH