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been declining since then.
Low inflation risk and accommodative measures
Source: Eurostat.
According to Eurostat estimates, the eurozone consumer
price inflation declined from an annualized
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25.07.2014
to 7.8% and core inflation grew to 7.5%. Meanwhile, inflation expectations stayed elevated. The main reason for inflation acceleration was the effect of
one of the most important eral government securities (placement redemption) and foreign
inflation indicators. The CPI reflects a change of the overall level government loans
term inflation forecasts or acceleration in price
containing inflation risks. growth for other commodity groups and growth
The adaptive nature of inflation in inflation expectations.
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01.07.2014
inflation reduction is being resolved simultaneously with a transition to the inflation targeting regime. This regime is better, so to speak, than simply an inflation
2146
20.06.2014
not be loose and soft in order not to provoke inflation. This year, higher inflation risks have been registered in this balance. In this situation,
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17.06.2014
exchange rate flexibility of the rouble in context of the transition to inflation targeting.
Amid decreased volatility observed on the domestic foreign exchange market and
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16.06.2014
the monetary policy’s effect on inflation, the measures that had been taken could not immediately stop inflation growth. Inflation accelerated to 6.9% YoY
2149
16.06.2014
case existing inflation risks materialise, and threats to medium-term inflation targets emerge, the Bank of Russia will continue increasing the key rate.Significant inflation acceleration
one of the most important eral government securities (placement redemption) and foreign
inflation indicators. The CPI reflects a change of the overall level government loans