Central bank Russian Federation (Bank Russia) sharply raised a key rate — to 7,5% per annum (schedule)

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Board of directors Central bank Russian Federation (Bank Russia) increased a key rate at once by 0,75 items. Photo: www.sakhalife.ru according to the regulator press service inflation develops much higher than the forecast. In September annual inflation increased to 7,4% (after 6,7% in August) and, by an assessment for October 18, increased to 7,8%. In acceleration of annual inflation from the second half of August the essential role is played by a rise in prices for fruit and vegetable production. But also the indicators reflecting the steadiest processes of price dynamics, continue to be significantly higher than 4% in annual expression. Inflationary expectations of the population again...
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Nikita Stasishin
Last position: Deputy minister (Ministry of Construction and Housing-Communal Services of the Russian Federation)
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Bank of Russia
Main activity:Insurance
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