Kudrin said that it was time to raise rates
Kudrin said that it was time to raise rates Russian Finance Minister Alexei Kudrin believes that it is time to take measures to combat rising inflation. Responding during the interview to BBC on the question of whether it is time the Bank of Russia to raise the discount rate, the vice premier said: "The central bank is independent, but I think that we have now is just time to take additional measures." Speaking about the growth of consumer prices in the country, Kudrin noted that the original purpose of the authorities of the inflation was 7%. "We understand that this goal difficult to achieve, but still have a chance. First of all, we want to do more to reduce inflation in the II half of the year", - stressed the Minister. According to him, the government has taken various measures to curb the growth of consumer prices. Among such measures Kudrin called the removal of import duties, foreign intervention in the grain market and monetary factors. "In fact, it is necessary to strictly control the money in the economy," - he said. On the eve of the election expenditure item in the budget will not be greatly increased, assured the Minister of Finance. "The budget is already coded, it is accepted and executed. Some refinements, of course, can be, and they stem from the fact that inflation is higher than we expected", - said Alexei Kudrin, adding that for the poor can be found More support. Federal State Statistics Service said today, from 15 to 21 February, inflation in Russia amounted to 0.2%. Since the beginning of the month, consumer prices in the country increased by 0,7%, and in the intervening period the year - by 3,1%. According to the results of February Ministry of Economic Development expects inflation at 1.3%. "There is still an opportunity to keep inflation close to 7%, if appropriate world prices for food," - said the head of IEG Nabiullina. The official forecast for 2011. Today is 6-7%. Last year, consumer prices have increased by 8,8%. February 24, 2011 All times are always new and shiny Kudrin
* March 16, 2009 at 3:34 PM
Eight consecutive years, Kudrin, at every meeting of a government office, the president insisted, referring to the monetary policy of the Ministry of Finance, that twice two is four, and will be even better. whistling And Putin, having listened carefully to this financial guru, always according to nod, and inflation is overturned, and overturns the Ministry of Finance projections. Judge for yourself: In early 2006, we read in the newspaper Vedomosti: "The government fails to contain inflation within the planned framework. In the first half of February, prices rose by 0, 8%, and the end of the month, inflation could reach 1.2%, economists forecast. According to the ambitious Economic Development Ministry forecasts, rising prices in 2006 should not exceed 7, 5-8%. But the January statistics put the task in question ... In the first two weeks of February inflation rate was 0, 8%, said yesterday, Deputy Prime Minister Alexander Zhukov . In February last year, prices rose by 1, 2%. According to data released by Ministry of Economic Development, in February, inflation can make 1,3-1,5%, and by the end of the first two months of the year - already 3,9%. It seems that the 9-percent bracket annual growth of prices established in the budget as a maximum, will be eliminated much earlier period. Seeing that the situation goes out of control, Finance Minister Alexei Kudrin has already accused the government of conducting a weak financial policy. In response, Prime Minister Mikhail Fradkov, accuses the finance minister in excess of saving money, are "desperately needed in the energy industry." "And there is no smell of inflation", - said the prime minister. "When the government approves the budget for this year (2006), we promised to keep a tight rein on inflation. And do not give her a break for 8, 5% during 2006. Moreover, puffing out his cheeks, the officials said that they are quite capable of by 2008 to drive it into the framework 3 - 4%. Alas, it took only two months, and stubborn inflation wiped her nose, our financial authorities: overpowered half of their annual plan "- wrote the correspondent of the newspaper" Komsomolskaya Pravda "Valery Bhutan. It took half a year, and again we hear the government is struggling with inflation, which has also successfully overcomes these hapless heroes. Inflation, which both failed, "fights" the Finance Ministry is not reduced. Second consecutive month, prices are rising faster than in 2006, the Finance Ministry and the government urgently looking for justification for price increases and depreciation of the ruble, not wanting to look in the mirror. Treasury believes that the summer will help rectify the situation deflation, which depends on the crop. "The central bank could not stop inflation from oil prices," writes Gazeta. "... Responsible for the project of monetary policy yesterday, had the Central Bank first deputy chairman Alexei Ulyukayev. To soften the hawkish deputies, the first thing he told me how hard it is to work the Central Bank." Bank forecasts inflation to 5.2%, and up year - at around 8%. Deputy Chairman of the Central Bank claims credit for the influx could be sterilized. "Kommersant, "The pace of price growth accelerated" (Aleksey Shapovalov): "The Government hopes that they will stop deflation. Yesterday the Federal State Statistics Service reported the acceleration of inflation in May 2007, when the average price growth increased to 0.02% vs. 0.015% in May 2006. Central Bank forecast growth of prices closer to last year. Finance Minister Alexei Kudrin, still hopes that inflation plan of the government in 2007 will be executed if his expectations of deflation in the autumn is justified. " As we see, our officials are always explanations of inflation and rising prices, and if it does not rise in oil prices, the inflow of capital, unless the inflow of capital, the growth of wages, etc., etc. But who strive to achieve the desired result, he seeks, and who only stands for, he finds an explanation. And the acute power crisis, the more manifest discrepancy between reality and a reflection of this reality in the media. This disparity has become so obvious that even loyal to the government newspaper "Izvestia" talked about it and published an article by Anne Kaledin "Food prices are growing faster than inflation." When announcing the official figures for inflation, it is nothing but bewilderment they do not cause .- indignant Kaledin - We all go shopping and see how prices rise. Wallet empties all steeper, and the "paper" inflation from year to year declines. Very indicative in this sense was the last week. We are told that in June prices rose by 1%. For the summer rate is high, but not fatal. But at the same time, the value of the minimum set of products in June rose by 4.8% since the beginning of the year - by 13,1%. That's what Kudrin reported the fall of 2007, when he was a regular burst of inflation. From 1 to 22 October, inflation in Russia amounted to 1.3% since the beginning of the year prices rose by 8.9%, and now their growth for the year could exceed 10%, said Deputy Prime Minister Alexei Kudrin. To fight inflation, Kudrin reminded, applied to exports and import duties. By region was a wave of price-fixing, the largest retail chains and manufacturers of frozen prices on six key items until January 31. FAS has opened in 17 regions of 40 cases. Measures have helped, says Kudrin: the second half of October, the growth in food prices has slowed by half. Vedomosti 29.10.2007, № 204 (1978) But even Nov. 6, 2007, we read in the press: Measures taken by the government failed to halt rising prices. Inflation in October was 1.6%, which is proved to be twice higher than the previous month. A major food has risen by 10-30%. But worst of all, that the decisions of the authorities spanned the rise in prices for 2008. In October 2007, inflation amounted to 1,6%, said Tuesday the Federal State Statistics Service (Rosstat). Although the government has launched an active struggle, but the price increase was two times more than in September (0,8 wackoi simply incommensurable with the 0.3% inflation recorded in October 2006. "This is a record since 2001, when inflation in October was 2,1%. Kommersant In November of 2007:
Vice-Premier and Finance Minister Alexei Kudrin said after a meeting of the Government reported that the Finance Ministry is focused not on the official growth forecast of prices of 8% and inflation at 10%. In this case, the finance minister has pledged to fight inflation 1 billion rubles. to subsidize loans for the purchase of agricultural raw materials, which goes for processing. In this case, Kudrin said that raw materials will be purchased as a Russian, and foreign suppliers, which, he says, is a market-based measure to reduce inflation.
Kommersant In December 2007, "We expect lower inflation next year to 8.5%", - said Deputy Prime Minister and head of the Ministry of Finance Alexei Kudrin said in an interview with "Final Program" NTV on Sunday. "At the beginning of the year, inflation will grow at a faster pace, but we expect a significant reduction in their mid-year. We hope that in 2008 inflation curbed ", - explained the Minister. But as was the case in reality, if we ignore Kudrinsky reports on the fight against inflation.
Saratov Autumn appreciation flowed smoothly in the pre-Christmas. Following the eggs and sunflower oil prices moved to mayonnaise, ham, herring, chocolate, lemons and other festive foods. Spite records increases the cheese, though there's nowhere. Sharpen the usual seasonal rise in prices was vegetables. Cabbage jumped from 10-12 to 20 rubles, potatoes - to 18 carrots - to 25 rubles per kilogram. Quite unexpectedly declared himself garlic: began to cost 12 rubles per head (this is - local and Transcaucasus from the old delivery "is sold at four to five rubles). At 15-20 rubles went up beef (looking at price tags for pork is harmful to health). Nervous bread, fluctuating around 13 rubles. Gasoline prices rise by 30-40 cents per month. Uniformly on 2-2,5 percent rise in price all the brands. Excessive demand, in October, is not observed. Representatives of oil companies have promised local officials that the best way AI-92 will not be jumping. Nadezhda Andreeva Saint-Petersburg Jump in prices after the election has not happened. Picture is approximately the same as that on the eve of Yom Kippur. " Slowly becoming more expensive all. But particularly strongly in recent months, prices have soared butter and sunflower oil, milk and cheese. Butter and dairy products went up by almost a third, plunging into shock and awe of housewives and pensioners. Became more expensive and gasoline. 92-th crossed the psychological barrier of 20 rubles per liter, and is approaching the time when the liter and the dollar will be equal in value. unsureNikolay Donskov Already in 2008: Russian Statistics: Inflation in Russia in January 2008 reached 2,3% Federal State Statistics Service (Rosstat) reported that inflation in Russia in January 2008 reached 2,3%. In January of last year inflation was 1.7% in January 2006 - 2,4%. Inflation in January 2008 exceeded 3% in the nine regions of Russia.
Only the beginning of March the price of bread rose by 2,2%, sunflower oil - by 2,4%, sugar - by 1,3%. Products are now becoming more expensive and more because falling stock markets. The growth in food prices is not going to slow down. Only the bread consumer prices from 1 to 17 March rose by 2.2%, according to the Interfax news agency quoted a source in one of the departments of financial and economic bloc. Wheat flour has risen by 3%. Sunflower oil has increased in value since the beginning of March 2,4%, as traditionally rise in price in this time of year Fruit and Vegetable Products. In the first week of April, prices jumped by 0,5% against 0,6% for the entire April 2007. According to the Federal State Statistics Service, from 1 to 7 April loaf of white bread rose by 2,6%, a loaf of black - 3,3%. Prices are rising, inflation is hitting record lows, and Kudrin continues as if nothing had happened, said: "The Ministry of Finance jointly with the Central Bank controls the main parameters of monetary policy, and we can say that today they are much better than they were in this time last year, replacing only the object of their impact. As you can see, the new president ordered, and the old finance minister said - there is. And unless he can not eat? 113 A that has been quiet, especially at a time when the majority of the country drags half-starved existence, not promise. And Kudrin promised: "Finance Minister Alexei Kudrin said that rising prices in Russia after 2013 was 3,5 percent. Words of the Minister PRIME-TASS ... Kudrin also said that if the government will pursue sound economic policies, by 2010 Russia will have inflation at 5.5 percent. " Wait ... wait ... wait ... wait ..
Kudrin said that it was time to raise rates Russian Finance Minister Alexei Kudrin believes that it is time to take measures to combat rising inflation. Responding during the interview to BBC on the question of whether it is time the Bank of Russia to raise the discount rate, the vice premier said: "The central bank is independent, but I think that we have now is just time to take additional measures." Speaking about the growth of consumer prices in the country, Kudrin noted that the original purpose of the authorities of the inflation was 7%. "We understand that this goal difficult to achieve, but still have a chance. First of all, we want to do more to reduce inflation in the II half of the year", - stressed the Minister. According to him, the government has taken various measures to curb the growth of consumer prices. Among such measures Kudrin called the removal of import duties, foreign intervention in the grain market and monetary factors. "In fact, it is necessary to strictly control the money in the economy," - he said. On the eve of the election expenditure item in the budget will not be greatly increased, assured the Minister of Finance. "The budget is already coded, it is accepted and executed. Some refinements, of course, can be, and they stem from the fact that inflation is higher than we expected", - said Alexei Kudrin, adding that for the poor can be found More support. Federal State Statistics Service said today, from 15 to 21 February, inflation in Russia amounted to 0.2%. Since the beginning of the month, consumer prices in the country increased by 0,7%, and in the intervening period the year - by 3,1%. According to the results of February Ministry of Economic Development expects inflation at 1.3%. "There is still an opportunity to keep inflation close to 7%, if appropriate world prices for food," - said the head of IEG Nabiullina. The official forecast for 2011. Today is 6-7%. Last year, consumer prices have increased by 8,8%. February 24, 2011 All times are always new and shiny Kudrin
* March 16, 2009 at 3:34 PM
Eight consecutive years, Kudrin, at every meeting of a government office, the president insisted, referring to the monetary policy of the Ministry of Finance, that twice two is four, and will be even better. whistling And Putin, having listened carefully to this financial guru, always according to nod, and inflation is overturned, and overturns the Ministry of Finance projections. Judge for yourself: In early 2006, we read in the newspaper Vedomosti: "The government fails to contain inflation within the planned framework. In the first half of February, prices rose by 0, 8%, and the end of the month, inflation could reach 1.2%, economists forecast. According to the ambitious Economic Development Ministry forecasts, rising prices in 2006 should not exceed 7, 5-8%. But the January statistics put the task in question ... In the first two weeks of February inflation rate was 0, 8%, said yesterday, Deputy Prime Minister Alexander Zhukov . In February last year, prices rose by 1, 2%. According to data released by Ministry of Economic Development, in February, inflation can make 1,3-1,5%, and by the end of the first two months of the year - already 3,9%. It seems that the 9-percent bracket annual growth of prices established in the budget as a maximum, will be eliminated much earlier period. Seeing that the situation goes out of control, Finance Minister Alexei Kudrin has already accused the government of conducting a weak financial policy. In response, Prime Minister Mikhail Fradkov, accuses the finance minister in excess of saving money, are "desperately needed in the energy industry." "And there is no smell of inflation", - said the prime minister. "When the government approves the budget for this year (2006), we promised to keep a tight rein on inflation. And do not give her a break for 8, 5% during 2006. Moreover, puffing out his cheeks, the officials said that they are quite capable of by 2008 to drive it into the framework 3 - 4%. Alas, it took only two months, and stubborn inflation wiped her nose, our financial authorities: overpowered half of their annual plan "- wrote the correspondent of the newspaper" Komsomolskaya Pravda "Valery Bhutan. It took half a year, and again we hear the government is struggling with inflation, which has also successfully overcomes these hapless heroes. Inflation, which both failed, "fights" the Finance Ministry is not reduced. Second consecutive month, prices are rising faster than in 2006, the Finance Ministry and the government urgently looking for justification for price increases and depreciation of the ruble, not wanting to look in the mirror. Treasury believes that the summer will help rectify the situation deflation, which depends on the crop. "The central bank could not stop inflation from oil prices," writes Gazeta. "... Responsible for the project of monetary policy yesterday, had the Central Bank first deputy chairman Alexei Ulyukayev. To soften the hawkish deputies, the first thing he told me how hard it is to work the Central Bank." Bank forecasts inflation to 5.2%, and up year - at around 8%. Deputy Chairman of the Central Bank claims credit for the influx could be sterilized. "Kommersant, "The pace of price growth accelerated" (Aleksey Shapovalov): "The Government hopes that they will stop deflation. Yesterday the Federal State Statistics Service reported the acceleration of inflation in May 2007, when the average price growth increased to 0.02% vs. 0.015% in May 2006. Central Bank forecast growth of prices closer to last year. Finance Minister Alexei Kudrin, still hopes that inflation plan of the government in 2007 will be executed if his expectations of deflation in the autumn is justified. " As we see, our officials are always explanations of inflation and rising prices, and if it does not rise in oil prices, the inflow of capital, unless the inflow of capital, the growth of wages, etc., etc. But who strive to achieve the desired result, he seeks, and who only stands for, he finds an explanation. And the acute power crisis, the more manifest discrepancy between reality and a reflection of this reality in the media. This disparity has become so obvious that even loyal to the government newspaper "Izvestia" talked about it and published an article by Anne Kaledin "Food prices are growing faster than inflation." When announcing the official figures for inflation, it is nothing but bewilderment they do not cause .- indignant Kaledin - We all go shopping and see how prices rise. Wallet empties all steeper, and the "paper" inflation from year to year declines. Very indicative in this sense was the last week. We are told that in June prices rose by 1%. For the summer rate is high, but not fatal. But at the same time, the value of the minimum set of products in June rose by 4.8% since the beginning of the year - by 13,1%. That's what Kudrin reported the fall of 2007, when he was a regular burst of inflation. From 1 to 22 October, inflation in Russia amounted to 1.3% since the beginning of the year prices rose by 8.9%, and now their growth for the year could exceed 10%, said Deputy Prime Minister Alexei Kudrin. To fight inflation, Kudrin reminded, applied to exports and import duties. By region was a wave of price-fixing, the largest retail chains and manufacturers of frozen prices on six key items until January 31. FAS has opened in 17 regions of 40 cases. Measures have helped, says Kudrin: the second half of October, the growth in food prices has slowed by half. Vedomosti 29.10.2007, № 204 (1978) But even Nov. 6, 2007, we read in the press: Measures taken by the government failed to halt rising prices. Inflation in October was 1.6%, which is proved to be twice higher than the previous month. A major food has risen by 10-30%. But worst of all, that the decisions of the authorities spanned the rise in prices for 2008. In October 2007, inflation amounted to 1,6%, said Tuesday the Federal State Statistics Service (Rosstat). Although the government has launched an active struggle, but the price increase was two times more than in September (0,8 wackoi simply incommensurable with the 0.3% inflation recorded in October 2006. "This is a record since 2001, when inflation in October was 2,1%. Kommersant In November of 2007:
Vice-Premier and Finance Minister Alexei Kudrin said after a meeting of the Government reported that the Finance Ministry is focused not on the official growth forecast of prices of 8% and inflation at 10%. In this case, the finance minister has pledged to fight inflation 1 billion rubles. to subsidize loans for the purchase of agricultural raw materials, which goes for processing. In this case, Kudrin said that raw materials will be purchased as a Russian, and foreign suppliers, which, he says, is a market-based measure to reduce inflation.
Kommersant In December 2007, "We expect lower inflation next year to 8.5%", - said Deputy Prime Minister and head of the Ministry of Finance Alexei Kudrin said in an interview with "Final Program" NTV on Sunday. "At the beginning of the year, inflation will grow at a faster pace, but we expect a significant reduction in their mid-year. We hope that in 2008 inflation curbed ", - explained the Minister. But as was the case in reality, if we ignore Kudrinsky reports on the fight against inflation.
Saratov Autumn appreciation flowed smoothly in the pre-Christmas. Following the eggs and sunflower oil prices moved to mayonnaise, ham, herring, chocolate, lemons and other festive foods. Spite records increases the cheese, though there's nowhere. Sharpen the usual seasonal rise in prices was vegetables. Cabbage jumped from 10-12 to 20 rubles, potatoes - to 18 carrots - to 25 rubles per kilogram. Quite unexpectedly declared himself garlic: began to cost 12 rubles per head (this is - local and Transcaucasus from the old delivery "is sold at four to five rubles). At 15-20 rubles went up beef (looking at price tags for pork is harmful to health). Nervous bread, fluctuating around 13 rubles. Gasoline prices rise by 30-40 cents per month. Uniformly on 2-2,5 percent rise in price all the brands. Excessive demand, in October, is not observed. Representatives of oil companies have promised local officials that the best way AI-92 will not be jumping. Nadezhda Andreeva Saint-Petersburg Jump in prices after the election has not happened. Picture is approximately the same as that on the eve of Yom Kippur. " Slowly becoming more expensive all. But particularly strongly in recent months, prices have soared butter and sunflower oil, milk and cheese. Butter and dairy products went up by almost a third, plunging into shock and awe of housewives and pensioners. Became more expensive and gasoline. 92-th crossed the psychological barrier of 20 rubles per liter, and is approaching the time when the liter and the dollar will be equal in value. unsureNikolay Donskov Already in 2008: Russian Statistics: Inflation in Russia in January 2008 reached 2,3% Federal State Statistics Service (Rosstat) reported that inflation in Russia in January 2008 reached 2,3%. In January of last year inflation was 1.7% in January 2006 - 2,4%. Inflation in January 2008 exceeded 3% in the nine regions of Russia.
Only the beginning of March the price of bread rose by 2,2%, sunflower oil - by 2,4%, sugar - by 1,3%. Products are now becoming more expensive and more because falling stock markets. The growth in food prices is not going to slow down. Only the bread consumer prices from 1 to 17 March rose by 2.2%, according to the Interfax news agency quoted a source in one of the departments of financial and economic bloc. Wheat flour has risen by 3%. Sunflower oil has increased in value since the beginning of March 2,4%, as traditionally rise in price in this time of year Fruit and Vegetable Products. In the first week of April, prices jumped by 0,5% against 0,6% for the entire April 2007. According to the Federal State Statistics Service, from 1 to 7 April loaf of white bread rose by 2,6%, a loaf of black - 3,3%. Prices are rising, inflation is hitting record lows, and Kudrin continues as if nothing had happened, said: "The Ministry of Finance jointly with the Central Bank controls the main parameters of monetary policy, and we can say that today they are much better than they were in this time last year, replacing only the object of their impact. As you can see, the new president ordered, and the old finance minister said - there is. And unless he can not eat? 113 A that has been quiet, especially at a time when the majority of the country drags half-starved existence, not promise. And Kudrin promised: "Finance Minister Alexei Kudrin said that rising prices in Russia after 2013 was 3,5 percent. Words of the Minister PRIME-TASS ... Kudrin also said that if the government will pursue sound economic policies, by 2010 Russia will have inflation at 5.5 percent. " Wait ... wait ... wait ... wait ..
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