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 FEBRUARY2014
Abstract: The consumer price index stood at 0.7% (0.6% in February 2013) in February 2014, rising 0.1 p.p. above the value recorded in January 2014. As a result, inflation stood at 6.2% at the end of a 12-month period. The consumer price index reached 0.7% within 24 days in March 2014. The Bank of Russia made a decision on March 3, 2014 to provisionally raise the key interest rate from 5.5% to 7% p.a. with a view to preventing the threat of financial instability and inflation growth.
Classification-JEL: P24, E52  
Keywords: INFLATION AND MONETARY POLICY  
Journal: Russian Economic Developments
Volume: 
Year: 2014
Issue: 4
Month: April
Pages: 7-10
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/309Bozhechkova.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:309