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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
which was caused by both a slowdown
2016 2017 2018 2019 of inflation and growing labour compensation
Labour force, % YoY (see the ‘Labour market and
1573
31.12.2019
News Index of Business Activity
21.01.2020
6
Assessment of Underlying Inflation
22.01.2020
7
Consumer Price Dynamics, information and analytical commentary
22.
1574
27.12.2019
economy, such as the interest rate, the potential GDP and the non-accelerating inflation rate of employment), ‘Navigating by the stars can sound straightforward. Guiding policy
1575
26.12.2019
the wages of government employees and servicemen and by a slowdown in inflation. ‘Black Friday’, the annual sales event, which fell on 29 November this
capping rates on amortising structures, by hedging a project’s sensitivity to
inflation or commodity prices, and by offering local currency loans to non-exporters.
All
National Authority used for public policy purposes (e.g., labour,
economic activity, inflation or consumer price indices) is not within the scope of the Principles.
Dec. 2018
Inflation targeting is communications “Floating rate and
Instruments are
represented as a Inflation below 4% Inflation 4.3%
developed, the inflation targeting by
2017 2018 2019
Key rate Core inflation Food goods Inflation Non-food goods Services
Sources: Rosstat, Bank of Russia
3
Inflation rates for main groups, seasonally
Bloomberg survey
(6.75)
6.25
– Reuters survey
(6.75)
3. Imputed inflation rate (OFZ-IN) November 2019
2.84
OFZ-IN-52 001 (until 16.08.2023