Inflation and Monetary Policy in March 2013
Russian Economic Developments, 2013, #5
Posted: 29 May 2013 Last revised: 2 Oct 2017
Date Written: May 28, 2013
In March 2013 the consumer price index made 0.3% (0.6% in March 2012), which is less than in February of this year by 0.3 p.p. In April, inflation has also increased: within 15 days of the month CPI made 0.3%. As a result, inflation reached in annual terms has reached 7.0%. In Q1 2013, according to preliminary estimates of the Bank of Russia, the net outflow of capital from the country reached $25.8bn, which is by $7.8bn less than the relevant indicator of 2012.
Keywords: Inflation, monetary policy
JEL Classification: P24, E52
Suggested Citation: Suggested Citation