So where does inflation, which as expected?

 "Inflation - not the law of development, and the work of fools that govern the state."Ludwig Erhard
 Ministry of Economic Development expects higher inflationMinistry of Economic Development estimates that inflation in Russia in November will accelerate to 0.6-0.7%, exceeding the level of 0.5% in October.
"It will be just above 0.5%, somewhere in the 0.6-0.7%," - said Deputy Minister November 16 Klepach, answering the question, what is the forecast of the Ministry of price increase in November. According to Rosstat, the beginning of the month to November 14, inflation was 0.3% and the cumulative inflation since the beginning of the year - 5.5%. Last year, inflation in November was 0.8%. The official forecast for growth in LED prices for 2011 - 6.5-7%, similar to RIA "Novosti".The monetary base is growing in Russia the third consecutive weekMOSCOW, November 25. Monetary base in Russia in a narrow definition grew 64.6 billion rubles - to 6 trillion 433.2 billion rubles on 14 November to 6 trillion 497.8 billion rubles on November 21, 2011, the message says the Department of Foreign Bank and Public Relations of Russia.
Recall that a week earlier, the monetary base grew by 21 billion rubles, up to this - by 61.6 billion rubles, even earlier - fell by 117.5 billion rubles.
The monetary base comprises a narrow definition issued by the Bank of Russia cash (including balances in vaults of credit institutions) and balances in reserve requirements on funds attracted by credit institutions in the national currency deposited with the Bank of Russia.
The monetary base includes a broad definition issued by the Bank of Russia cash (including balances in vaults of credit institutions), balances in reserve requirement by credit institutions at the Bank of Russia, funds on correspondent accounts of credit institutions and banks' deposits with the Bank Russia's investments in credit institutions' bonds of the Bank of Russia, as well as other obligations of the Bank of Russia operations with credit institutions in the national
02/11/2011 11:12 -Russian monetary base increased by 0.58% for the weekThe monetary base in Russia to a narrow definition for the period from January 31 to February 7, 2011 grew by 31.8 billion rubles, and as a percentage of 0.58% - from 5 trillion 533 billion rubles, up to 5 trillion 564.8 billion rubles. This is evidenced by the official information of External and Public Relations of the Central Bank.The monetary base comprises a narrow definition issued by the Bank of Russia cash (including balances in vaults of credit institutions) and balances in reserve requirements on funds attracted by credit institutions in the national currency deposited with the Bank of Russia. "Times"

 Now draw a simple comparison between the money supply beginning of the year - on January 31, 2011 5 trillion 533 billion with what she was on November 21, 2011 - 6 trillion 497.8 billion rubles, and you will see that in the ten months of 2011, the monetary weight increased by 17.44%, subtract this amount from GDP growth of 4.4% and 12.04% get - this is the rate at which inflation increased. And not the 6.5% - 7% of which are spoken by the MEDT.
Inflation (from Lat. Inflatio-swelling) - depreciation of money, which manifests itself in the form of rising prices for goods and services that are not due to an increase in their quality or unavoidable cost increases. Inflation is caused, above all, an overflow channel of monetary circulation of excess money supply in the absence of an adequate increase in commodity weight.