Search results

industrial production will continue to grow in March. Real wages grew as inflation stayed low and production growth was recovering. At the same time, the

Core inflation Non-food goods Food goods Services Actual inflation Baseline inflation forecast Source: Rosstat Source: Rosstat, Bank of Russia calculation BANK OF RUSSIA 12 Inflation

to see inflation not just slowing down, but anchoring near the 4% target. Therefore, inflation expectations should be anchored at this level. Inflation risks have

Board of Directors notes that inflation slowdown overshoots the forecast, inflation expectations continue to decline and economic activity recovers. Inflation risks have slightly dropped but

to see inflation not just slowing down, but anchoring near the 4% target. Therefore, inflation expectations should be anchored at this level. Inflation risks have

consumer inflation, triggering additional growth in inflation expectations among people with low incomes. This may obstruct a downward trend in inflation expectations as inflation slows

rates. As a result, there was a drop in the market players’ inflation expectations. Please refer to ‘Financial Review: Monetary Policy Environment’ No.4, a

on consumer loans, the economy was shifting towards structural liquidity surplus and inflation slowed down. The 2016 Q4 data suggest that credit institutions did not

Inflation _________________________________________________________ 4 1.1.1. Temporary factors held back price growth to the level consistent with the inflation target ___________________________________________________________________ 4 1.1.2. Underlying inflation

the Bank of Russia’s website. of a respective currency, interest rates, inflation rate, derivatives’ prices, official statistical information, physical, biological and (or) Individual Indicators