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participants’ confidence in the Bank of Russia’s policies and decreased inflation expectations. Average inflation expectations for the next 7 years calculated on the basis

to control inflation over the short-term horizon. Therefore, central banks have to target projected medium-term inflation. In these conditions, an auxiliary underlying (core) inflation indicator

Inflation is flat in April 17 May 2016 News Share VKontakte WhatsApp Telegram In April 2016, annual inflation stood at 7.3%, like a month

who expect inflation to accelerate over the forthcoming year. This is evidenced by the inFOM survey commissioned by the Bank of Russia. Inflation expectation estimates

Russians expect noticeable inflation reduction throughout the year 4 March 2016 News Share VKontakte WhatsApp Telegram In February 2016, inflation expectations of the general public

Nonetheless, inflation risks will persist. Specifically, the note says that, given economic uncertainty, households’ inflation expectations are elevated. The marked deceleration of the annual inflation

serious impact on inflation 2 December 2015 News Share VKontakte WhatsApp Telegram According to the Central Bank of Russia, a higher inflation up to the

rate of previous year inflation times 0.7. This could add about 0.5 percentage points to inflation in 2014. Inflation target is defined in

assessment of inflation risks and the prospects of economic growth. The annual inflation rate remained low at 3.7% in March, while core inflation slowed

fixed inflation risks in the medium term. interest rates on deposit operations to contain vol- 2011 Q4 3 Inflation Dynamics Over 2011, the inflation rate