Template-Type: ReDIF-Article 1.0 Author-Name: Alexandra Bozhechkova Author-Name-First: Alexandra Author-Name-Last: Bozhechkova Author-Workplace-Name: Gaidar Institute for Economic Policy Title: INFLATION AND MONETARY POLICY IN MAY 2013 Abstract: The consumer price index stood at 0.7% in May 2013 (0.5% in May 2012), showing an increase of 0.2 p.p. vs. April 2013. In June, prices were growing too: the consumer price index reached 0.3% within 20 days of the month, thereby boosting inflation by 7.4% on a year-on-year basis. A downtrend in the ruble exchange rate which was observed in May thru June didn’t result in any substantial growth in Central Bank’s currency interventions. Classification-JEL: P24, E52 Keywords: INFLATION AND MONETARY POLICY Journal: Russian Economic Developments Year: 2013 Issue: 7 Month: July Pages: 8-10 File-URL: http://www.iep.ru/files/RePEc/gai/recdev/156Bozhechkova.pdf File-Format: Application/pdf Handle: RePEc:gai:recdev:156