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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
s inflation target. To obtain more reliable estimates of the
market’s inflation expectations, implied inflation should be adjusted for various factors
including inflation risk
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demand.
The slowdown in annual inflation caused by a number of disinflationary factors will continue in early 2020 when inflation temporarily drops below 3%. However,
Дело. 2002. 5-е издание. С. 127.
Ball L.M., Sheridan N. Does inflation targeting matter? // The inflation-targeting debate. Uni-
versity of Chicago Press. 2004. Pp.
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
and constitutes an underlying asset.
rate of a respective currency, interest rates, inflation rate,
derivatives’ prices, official statistical information, physical,
Table 3.5
biological and
64 55 50 50
Inflation, as % in December year-on-year 4.3 2.9-3.2 3.5-4.0 4.0 4.0
Inflation, average for the
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annual inflation close to 4%.
Second. Household inflation expectations decline but stay above the lows registered in April 2018. However, the perception of inflation by
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with inflation slowdown in Russia’s trading partners limits growth of import prices. Subdued demand continues to influence inflation, including external demand. However, inflation acceleration
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Monetary Policy
• Monetary policy goals and principles
• About inflation
• How the Bank of Russia influences inflation
• Forecasting and models
• How key rate decisions