Inflation

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Kazakh National Bank forecasts inflation at 8% in 2016

Kazakh National Bank forecasts inflation at 8% in 2016

The National Bank of Kazakhstan forecasts inflation at a level no higher than 8% in 2016, the head of the National Bank of Kazakhstan Daniyar Akishev said at the Astana Economic Forum. "The National Bank's …

Weak ruble ceased to whip on inflation

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 …

Future of Russian economy discussed in Krasnoyarsk

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 …

Inflation in Russia reaches 12.1%

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, …

December in Russia begins with  doubling of inflation

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 …

Nazarbayev asks to reduce inflation to 4%

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 …

Georgia uses key rate against inflation

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,