Regulation Of The Key Rate By The Central Bank Of Russia
Table 2: Dependence of an average monthly key rate dynamics of the Central Bank of the Russian Federation on the inflation rate, 2013-2019 (Central Bank of Russia, 2019)
Month | Inflation, in % | ||||||
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |
January | 7.07 | 6.05 | 14.97 | 9.77 | 5.02 | 2.21 | 5.00 |
February | 7.28 | 6.20 | 16.71 | 8.06 | 4.59 | 2.20 | 5.24 |
March | 7.02 | 6.92 | 16.93 | 7.26 | 4.25 | 2.36 | 5.27 |
April | 7.23 | 7.33 | 16.42 | 7.24 | 4.13 | 2.41 | 5.17 |
May | 7.38 | 7.59 | 15.78 | 7.30 | 4.09 | 2.42 | 5.13 |
June | 6.88 | 7.80 | 15.29 | 7.48 | 4.35 | 2.30 | 4.66 |
July | 6.45 | 7.45 | 15.64 | 7.21 | 3.86 | 2.50 | 4.59 |
August | 6.49 | 7.56 | 15.77 | 6.84 | 3.29 | 3.07 | 4.33 |
September | 6.13 | 8.03 | 15.68 | 6.42 | 2.96 | 3.39 | 3.99 |
October | 6.25 | 8.30 | 15.59 | 6.09 | 2.73 | 3.55 | 3.77 |
November | 6.48 | 9.07 | 14.98 | 5.76 | 2.50 | 3.83 | 3.54 |
December | 6.45 | 11.36 | 12.91 | 5.38 | 2.52 | 4.27 | 3.00 |
Annual value | 6.45 | 11.36 | 12.91 | 5.38 | 2.52 | 4.27 | 3.00 |
Month | Average monthly key rate (in %) | ||||||
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |
January | х | 5.50 | 17.00 | 11.00 | 10.00 | 7.75 | 7.75 |
February | х | 5.50 | 15.07 | 11.00 | 10.00 | 7.60 | 7.75 |
March | х | 6.90 | 14.48 | 11.00 | 9.96 | 7.45 | 7.75 |
April | х | 7.05 | 14.00 | 11.00 | 9.75 | 7.25 | 7.75 |
May | х | 7.50 | 12.18 | 11.00 | 9.27 | 7.25 | 7.75 |
June | х | 7.50 | 11.61 | 10.72 | 9.15 | 7.25 | 7.63 |
July | х | 7.56 | 11.50 | 10.50 | 9.00 | 7.25 | 7.48 |
August | х | 8.00 | 11.03 | 10.50 | 9.00 | 7.25 | 7.25 |
September | 5.50 | 8.00 | 11.00 | 10.30 | 8.78 | 7.37 | 7.07 |
October | 5.50 | 8.00 | 11.00 | 10.00 | 8.49 | 7.50 | 6.95 |
November | 5.50 | 9.30 | 11.00 | 10.00 | 8.25 | 7.50 | 6.50 |
December | 5.50 | 13.50 | 11.00 | 10.00 | 8.27 | 7.62 | 6.35 |
Average annual value | 5.50 | 7.86 | 12.57 | 10.58 | 9.16 | 7.42 | 7.33 |