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 2014 Abstract: In May 2014, the consumer price index stood at 0.9% (0.7% in May 2013), being equal to the value observed in the previous month. Therefore, infl a?? on stood at 7.6% at the end of the 12-month period. The consumer price index reached 0.4% within 23 days in June 2014. as of June 1, 2014 banks’ debt owed to the regulator amounted to Rb 5.02 trillion. In May 2014, the value of the dual-currency basket contracted by 3% to Rb 40.4 and further declined by 3.2% to Rb 39.3 at the end of 27 days in June 2014. Classification-JEL: P24, E52 Keywords: INFLATION AND MONETARY POLICY Journal: Russian Economic Developments Year: 2014 Issue: 7 Month: July Pages: 6-9 File-URL: http://www.iep.ru/files/RePEc/gai/recdev/354Bozhechkova.pdf File-Format: Application/pdf Handle: RePEc:gai:recdev:354