Central Bank: Inflation in Russia for the year will be about 10%
News Newsland: Central Bank: Inflation in Russia for the year will be about 10% of the Bank of Russia predicts that by the end of this year, inflation in the country will be about 10%, should be the message of the press service of the Central Bank of the Russian Federation.
As the regulator, "in November - early December, an increase in inflation will continue." "According to the December 8, the annual growth rate of consumer prices was 9.4%. Core inflation in November 2014 rose to 8.9%. The acceleration of growth in consumer prices due to continuing weakening of the ruble in the second half of 2014. The impact on prices also had trade restrictions imposed in August 2014, "- says the report.
However, control points, "the pace of appreciation of certain food groups stabilized, which was due to an increase in their proposals by Russian companies and the conclusion of new import contracts."
"In the context of accelerating the growth of the consumer price inflation expectations of the population and the business continued to grow, creating additional pressure on prices. According to the Bank of Russia, inflation in 2014 will be about 10%. In this case, the total contribution to the weakening of the ruble, import restrictions and specific factors in the markets individual food products in the annual growth rate of consumer prices for the year amounted to 4.9 percentage points, "- predict the CBR.
According to Rosstat, inflation in Russia for the period from 2 to 8 December 2014 amounted to 0.3% (the fourth week in a row), since the beginning of December - 0.4% since the beginning of the year - 8.9%.
Earlier today, the Board of Directors of the Bank of Russia raised its key rate by 1 percentage point to 10.50% per annum. As explained by the regulator, the decision is aimed at ensuring the slowdown in consumer prices to the target level of 4% in the medium term. "In case of further strengthening of inflationary risks the Bank of Russia will continue to increase in the key rate," - said the Central Bank.
Source: rosbalt.ru
Annual inflation in France slowed in November to 0.3%
Consumer prices in France in November 2014 decreased by 0.2% from the previous month, when it was recorded zero inflation. Such data today released by the National Bureau of Statistics of the country Insee.
On an annual basis, consumer prices in France rose in November by 0.3% (after rising 0.5% in October).
Consumer prices harmonized with European Union standards (HICP), decreased by 0.2% in November on a monthly basis and showed an increase of 0.4% in annual terms.
For the III quarter of 2014 the French economy has added 0.3% over the previous 3 months. In annual terms, the rise amounted to 0.4% of GDP.
Source: rosbalt.ru
News Newsland: Central Bank: Inflation in Russia for the year will be about 10% of the Bank of Russia predicts that by the end of this year, inflation in the country will be about 10%, should be the message of the press service of the Central Bank of the Russian Federation.
As the regulator, "in November - early December, an increase in inflation will continue." "According to the December 8, the annual growth rate of consumer prices was 9.4%. Core inflation in November 2014 rose to 8.9%. The acceleration of growth in consumer prices due to continuing weakening of the ruble in the second half of 2014. The impact on prices also had trade restrictions imposed in August 2014, "- says the report.
However, control points, "the pace of appreciation of certain food groups stabilized, which was due to an increase in their proposals by Russian companies and the conclusion of new import contracts."
"In the context of accelerating the growth of the consumer price inflation expectations of the population and the business continued to grow, creating additional pressure on prices. According to the Bank of Russia, inflation in 2014 will be about 10%. In this case, the total contribution to the weakening of the ruble, import restrictions and specific factors in the markets individual food products in the annual growth rate of consumer prices for the year amounted to 4.9 percentage points, "- predict the CBR.
According to Rosstat, inflation in Russia for the period from 2 to 8 December 2014 amounted to 0.3% (the fourth week in a row), since the beginning of December - 0.4% since the beginning of the year - 8.9%.
Earlier today, the Board of Directors of the Bank of Russia raised its key rate by 1 percentage point to 10.50% per annum. As explained by the regulator, the decision is aimed at ensuring the slowdown in consumer prices to the target level of 4% in the medium term. "In case of further strengthening of inflationary risks the Bank of Russia will continue to increase in the key rate," - said the Central Bank.
Source: rosbalt.ru
Annual inflation in France slowed in November to 0.3%
Consumer prices in France in November 2014 decreased by 0.2% from the previous month, when it was recorded zero inflation. Such data today released by the National Bureau of Statistics of the country Insee.
On an annual basis, consumer prices in France rose in November by 0.3% (after rising 0.5% in October).
Consumer prices harmonized with European Union standards (HICP), decreased by 0.2% in November on a monthly basis and showed an increase of 0.4% in annual terms.
For the III quarter of 2014 the French economy has added 0.3% over the previous 3 months. In annual terms, the rise amounted to 0.4% of GDP.
Source: rosbalt.ru
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