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 OCTOBER 2014
Abstract: The consumer price index stood at 0.8% in October 2014 (0.6% in October 2013), 0.1 p.p. higher than the value observed in September. As a result, inflation boosted up to 8.3% at an annualized rate. The consumer price index reached 1.0% as of the 24th day of November. The Bank of Russia decided the 10th of November to discontinue the existing exchange rate formation mechanism, abandoning the interval of allowed values for the euro-dollar basket and regular interventions within currency trading band boundaries and beyond. 
Classification-JEL: P24, E52  
Keywords: INFLATION AND MONETARY POLICY  
Journal: Russian Economic Developments
Year: 2014
Issue: 12
Month: December
Pages: 6-9
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/423Bozhechkova.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:423