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 JULY 2014 
Abstract:The consumer price index stood at 0.5% in July 2014 (0.8% in July 2013), down by 0.1 p.p compared to the value observed in June 2014. Therefore, inflation stood at 7.5% on an annualized basis. The consumer price index reached 0.2% within 25 days in August. The Bank of Russia Board of Directors decided on July 25 to tighten the monetary policy. The baseline interest rate was lifted to 8% from 7.5% p.a.
Classification-JEL:P24, E52  
Keywords: INFLATION AND MONETARY POLICY  
Journal: Russian Economic Developments
Year: 2014
Issue: 9
Month:September
Pages: 6-9
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/382Bozhechkova.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:382