Inflation

Inflation in Moscow sets new historical minimum in 2016

Inflation in Moscow reached a new historic low of 7.8% by the end 2016, the press service of the Moscow department of economic policy and development. Over the past year the economy of Moscow has managed to successfully adapt to …

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Fitch downgrades inflation forecast for Azerbaijan

The International Ratings Agency Fitch Ratings has downgraded the forecast on inflation in Azerbaijan from 14 to 11.5 percent and from 7 to 6 percent, respectively in 2016 and 2017. Fitch report says that the inflation in the country is …

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Weak ruble ceased to whip on inflation

The slowdown in inflation from 0.031% in January to 0.021% in February 2016 indicates that the devaluation effect has exhausted itself, experts note. "We believe that the effect of the devaluation of the ruble has either been …

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Future of Russian economy discussed in Krasnoyarsk

Krasnoyarsk is hosting its annual economic forum, the first took place in 2004. This time its theme was declared as: "Russia: Strategy 2030". Forum participants will develop their proposals for the establishment of a working mechanism of …

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Inflation in Russia reaches 12.1%

In the first 11 months of this year inflation in Russia reached 12.1%, the Russian Ministry of Economic Development said. "In November, the consumer price index accelerated to 0.8% from 0.6% in September and 0.7% in October, …

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December in Russia begins with  doubling of inflation

According to Rosstat, inflation in Russia for the first week of December reached 0.2%. Thus the figure doubled compared with the period from November 24th to 30th. Prices for tomatoes and cucumbers grew the most, having …

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Nazarbayev asks to reduce inflation to 4%

Kazakh President Nursultan Nazarbayev instructed the National Bank of the Republic to reduce mid-term inflation to 4% per year. "Within the framework of inflation targeting, the National Bank should reduce the …

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Georgia uses key rate against inflation

The National Bank of Georgia increased its key policy rate from 5% to 5.5% and predicted further gradual tightening of the monetary policy in the course of this year. "The monetary policy decision is based on the macroeconomic forecast,

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