Emerging Europe Economics

Emerging Europe Data Response

5 February, 2016

Russia CPI (Jan.)

The sharp fall in Russian inflation in January can be explained by the fact that the effects of the collapse in the ruble at the end of 2014 and start of 2015 fell out of the annual comparison. However, the respite is likely to be brief. Base effects are likely to become less favourable once again by Q2, meaning inflation could bounce – and that the central bank is unlikely to loosen monetary policy in the near future.

 

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.