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the Russian economy and slower inflation reduction. Besides, persistently high
inflation expectations put the inflation forecast at risk as well. Inflation decrease can be constrained
the
forecast downward inflation path
Weekly and average daily data-based current inflation indicators show a certain
easing of inflation pressure. However, high inflation expectations and
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
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The actual inflation runs close to the upper border of our forecast. As inflation slows in line with our forecast and provided that inflation risks
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the target of 4% in 2017. As inflation slows down in line with the forecast and on condition inflation risks recede, the Bank of Russia
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02.12.2015
The national economic growth, improved households’ living standards, and the achievement of inflation targets are not possible without up-to-date financing mechanisms and a supportive environment
3. Inflation stays high, elevated inflation risks persist
1.3.1. In October, inflation accelerated, reflective of increased inflationary
pressure
Seasonally adjusted October inflation accelerated
of opposing fac- down, inflation expectations improved. As a re-
tors. Inflation was largely shaped by the lag- sult, annual inflation, which peaked in March
through the Bank of Russia Statistical of a respective currency, interest rates, inflation rate, derivatives’
Bulletin, and it is also available on the Bank of
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on inflation and inflation expectations and consequently on economic agents’ behaviour diminishes.
External conditions remain unfavourable, but our economy is gradually adapting to them.
Inflation