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71
the early 2018 lows
Business price expectations showed mixed dynamics amid August ruble depreciation.
3
Russian economic growth forecast revised downwards
GDP growth forecast in
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2021. This elevated inflation rate largely resulted from the pass-through of the ruble’s weakening in 2020 and price growth in certain food markets. However,
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the one hand, inflation is driven by the actual weakening of the ruble; on the other hand, it is influenced by the more moderate revival
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consumption and investment), and
• a more considerable and longer-term impact of the ruble appreciation in 2019 than was assumed in our baseline forecast.
In addition,
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deposit rate, % p.a.
* The maximum interest rate on deposits in Russian rubles of the top 10 credit institutions attracting the largest amount of household
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a number of factors:
• larger food supply due to a good harvest,
• ruble appreciation,
• inflation slowdown in Russia’s trading partners,
• subdued external and internal
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the effect of temporary pro-inflationary factors, that is, the weakening of the ruble and the previously observed increased demand for certain products. The rise in
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Events
Date of Issue
14.05.2024
Catalogue number
5111-0501
Denomination
3 rubles
Quality
Proof
Metal, fineness
Silver 925/1000
Total weight, g
33.94
79
Events
Date of Issue
14.05.2024
Catalogue number
5117-0068
Denomination
100 rubles
Quality
Proof-like
Metal, fineness
Silver 925/1000
Total weight, g
1083.74
80
Date of Issue
14.05.2024
Catalogue number
5221-0035
Denomination
10 000 rubles
Quality
Proof-like
Metal, fineness
Gold 999/1000
Total weight, g
1004.40