- Analytics
- News and Tools
- Market News
- Russian inflation slowed to 9% in June - Central Bank
Russian inflation slowed to 9% in June - Central Bank
The trend inflation in RF slowed to 9% compared to 9.3% in May according to Bank of Russia.
The trend inflation largely reflects the dynamics of core inflation.
"If present trends continue dynamics of prices and monetary aggregates, we expect a further gradual decline in inflation trend estimates", - stated in the comments of the Central Bank.
At the same time, the risks of deviations of inflation from the target at the end of 2017 remain. The trend inflation remains at a high level and decreases slowly, said the Bank of Russia.
The regulator started to publish an assessment of the trend of inflation in June 2015 According to the CBR, the assessment of the trend in inflation can be viewed as a long-term component of inflation and can serve as a reliable benchmark with respect to the implementation of monetary policy in comparison with the more volatile actual rate of inflation.
The indicator of the trend of inflation is taken into account by the Bank of Russia in making key interest rate decisions.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
