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rise in government debt levels and
quantitative easing (QE) programmes in euro inflation. The US dollar appreciated markedly
area and Japan. on the back of
policy as well as by the political and soon. Coupled with an inflation slowdown, it
economic events in the USA (the outcome led to a
in inflation due to price changes by group Table 4
of goods and services, year-to-date
(percentage points)
Food1 Non-food Services Fruit Inflation for Core inflation
Reuters survey 7.75 (7.75) 7.75 (7.75)
3. Implied inflation rate (OFZ-IN) (until 16 August 2023) 5.11 (5.07)
* Data as
wording on consumers' reported inflation expectations. Journal of Eco-
nomic Psychology. Vol. 33.
Ehrmann M. (2014). Targeting inflation from below-how do inflation expectations behave. Bank
securities, exchange
Individual Indicators Highlights rate of a respective currency, interest rates, inflation rate,
derivatives’ prices, official statistical information, physical,
Transactions volume-based distribution is defined
1717
08.02.2019
per annum. In January 2019, annual inflation held at the lower bound of the Bank of Russia expectations. Inflation expectations of households and businesses increased
cultural sector in
accordance with the Russian President’s May
decrees). Accelerated inflation made a further
contribution to the slowdown in the annual
indicator.
Real
survey
(7.75) (7.75)
Source: Bank of Russia calculations.
3. Implied inflation rate (OFZ-IN) 5.11
(until 16 August 2023) (5.07)
End-2019 forecast
to analysis of unobservable variables (potential output and parameters
of long-term growth, inflation expectations)
2. Monetary policy impact on dynamics of investment and other economic