Template-Type: ReDIF-Article 1.0 Author-Name: Pavel Trunin Author-Name-First: Pavel Author-Name-Last: Trunin Author-Workplace-Name: RANEPA Author-Name: Mikhail Khromov Author-Name-First: Mikhail Author-Name-Last: Khromov Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Alexandra Bozhechkova Author-Name-First: Alexandra Author-Name-Last: Bozhechkova Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Kirill Rogov Author-Name-First: Kirill Author-Name-Last: Rogov Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Alexander Deryugin Author-Name-First: Alexander Author-Name-Last: Deryugin Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Sergey Tsukhlo Author-Name-First: Sergey Author-Name-Last: Tsukhlo Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Natalia Shagaida Author-Name-First: Natalia Author-Name-Last: Shagaida Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Anna Kiyutsevskaya Author-Name-First: Anna Author-Name-Last: Kiyutsevskaya Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Elena Avraamova Author-Name-First: Elena Author-Name-Last: Avraamova Author-Workplace-Name: RANEPA Author-Name: Dmitriy Loginov Author-Name-First: Dmitriy Author-Name-Last: Loginov Author-Workplace-Name: RANEPA Title: Monitoring of Russia's Economic Outlook. Abstract: Commenced in April and ongoing in May reduction of inflation rates in annual terms is due to a number of factors: appreciation of the ruble, continued contraction of consumer demand and reduction of the global food prices. Fundamental influence on macroeconomic dynamics still impact growing oil prices: over first three weeks of May average crude oil price for a barrel was up 35% against January 2015. Classification-JEL: F34, G24, L71, C53, E37, L21, L52 Keywords: Russian economy, oil price, banking sector, real sector Journal: Monitoring of Russia's Economic Outlook. Trends and Challenges of Socio-Economic Development Year: 2015 Issue: 8 Month: May Pages: 1-38 File-URL: http://www.iep.ru/files/RePEc/gai/monreo/8-2015-may.pdf File-Format: Application/pdf Handle: RePEc:gai:monreo:8