Russia’s Monetary Policy: Priorities to be Reconsidered Amid Decelerating Inflation, Slow Growth
As in early October the w-o-w inflation did not move to a positive territory for another week and remained at zero, it became almost certain that inflation is going to get closer to 3.0% rather than to 4.0% this year, i. e. it will be well below the CBR target. It cannot be rule… […]
Russian Macro: Healthy Rate Cut
Rosstat reported that the major economic indicators in May 2019 were not as good as in April, but that was largely expected as there were fewer working days this year in May than in 2018. The fact that the non-oil-andgas budget revenues were some 15% higher this May than in May … Become a […]