Inflation in Russia

 Russian financial system stabilizes

Russia's financial system is much more stable than 10 years ago, Russian Central Bank Governor Elvira Nabiullina told a banking congress in St Petersburg. At the same time she noted that some government measures may …

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Central Bank promises Russians easy long money

Inflation dynamics enables the Russian Central Bank to cut further its key rate, the regulator’s First Deputy Chief Ksenia Yudaeva said. "Obviously, the current inflation dynamics allows a reduction," …

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Russia to earn 100 trillion rubles

Russia’s Economic Development Ministry revised its economic forecast. It was presented by Economy Minister Maxim Oreshkin at the State Duma meeting nu budget and taxes. Russia’s gross domestic product was …

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Russia's inflation outlook may be revised

Russia’s Central Bank plans to revise inflation outlook for 2018 in early June, the bank's First Deputy Chairperson Kseniya Yudaeva said. She noted that Russia's inflation has stabilized at the level …

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Russia’s Central Bank pauses key rate cuts

The Board of Directors of the Russian Central Bank decided to keep the key rate at 7.25% per annum, based on the results of its meeting today. "Annual inflation remains low. The April weakening in the ruble against the backdrop of …

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Increase in revenues promised to Russians

The S&P international rating agency forecasts a gradual increase in real incomes of Russians, the agency said in a report. "The level of real disposable income and customer confidence may gradually increase in the long …

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Russia's Central Bank sees no deflation risks

Russia's Central Bank Chair Elvira Nabiullina said that she sees no deflation risks in Russia. According to her, the central bank sees no deflation risks, but inflation expectations are yet to match the central …

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Russia's GDP grew 1.4% in 2017

Russia’s gross domestic product grew by 1.4 percent in 2017, Russian President Vladimir Putin said. "Russian GDP increased 1.4 percent last year," TASS cited Putin as saying. According to the president, …

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Is Russia on the verge of deflation?

Director of the Department of Monetary Policy of Russia's Central Bank Igor Dmitriev said that the Central Bank doesn't see threat of systemic deflation in the country. "I don't see any threat of deflation yet, …

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Russia’s central bank about key rate in 2018

Russia’s central bank expects inflation in December to be approximately on the same level as in November, but there is a possibility that prices could increase slightly, the head of the analytical department at the central …

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 Russia's Oreshkin about ruble exchange rate in 2018

Russian Economy Development Minister Maxim Oreshkin said that the real ruble exchange rate next year will not deviate significantly from the current rates. He noted that Russia's inflation could fall lower than …

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Russia's inflation reaches critically low level

Russia's annual inflation reached 2.5-2.6%, the head of the Russian Ministry of Finance Anton Siluanov said, speaking at the Financial University forum. "Our inflation is quite low - 2.5-2.6% (in annual …

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