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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
in inflation due to price changes by group of goods and services,
year-to-date (percentage points)
Food1 Non-food goods Services Fruit and Inflation Core inflation Non-core
conduct operations with foreign currency. rate of a respective currency, interest rates, inflation rate,
derivatives’ prices, official statistical information, physical,
Individual Indicators Highlights
biological and
7.5)
balances with the Bank of Russia (including funds
3. Implied inflation rate
received after conversion of NWF funds and attracted 5.13
(OFZ-IN
Russia since 2015 (trend inflation) may be
categorised under this group of indicators.
Underlying inflation published since 2015 (trend inflation)
Inflation indicator cleared of all
2014
Inflation targeting Active inflation Liquidity Transition deadline Key rate introduced Floating exchange
announced targeting management set rate introduced
communications
Since Dec. 2017
Inflation targeting
the process of disinfla-
tion. At the same time, higher inflation expectations, shaped by the inflation acceleration
resulting from the deficit growth, will require the
1728
29.12.2018
in demand could be in part driven by the expected surge in inflation in early 2019 on the back of the VAT rate hike.
Preview
1729
28.12.2018
what their reasons behind such estimates are, and whether they believe that inflation will stabilise around 4%. The regulator uses the dynamics of price expectations
Turkey and in Argentina,
high inflation and high inflation expectations aggravated
the negative tendencies on the financial markets (in 2018,
inflation reached 45.9% YoY