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decline in turnover was more substantial than before PRICES the resurgence of coronavirus cases in Annual inflation continued to speed up October–November 2020. in

inaccessible goods and services, may weaken. Also, some supply-side restrictions caused by coronavirus contagions, as well as work from home and migration, will be gradually

indicators of exter- nal conditions and expectations amid the outbreak of the coronavirus infection in western coun- tries, which however did not have a serious

at 175 bp above the key rate. to the spread of the coronavirus infection. At auction means the amount of funds extended (transferred) by the

rate of coronavirus cases was up 4.8 times from 15 September through 31 December, and the overall number of newly identified coronavirus cases in

Russian Federation, 2020 MARKET EXITS DURING THE PANDEMIC 2020 3 _________________________________________________________________________________________ ABSTRACT The coronavirus pandemic has hit economies across the globe, Russia being no exception. The

Measures to support consumers and business amid the coronavirus infection outbreak deterioration of credit Amid rising coronavirus infection rates in certain regions of the Russian

said parameters were set in March 2020 to support SICIs amid spreading coronavirus. These measures were temporary, and they will expire on 31 March 2021.

in January. As a result, the average interest uncertainty caused by the coronavirus rate on retail deposits may be expected to hover pandemic, banks remained

No. 1 / JANUARY 2021 3 EXECUTIVE SUMMARY MONTHLY SUMMARY Due to the coronavirus crisis, price movements were highly volatile in Russia in 2020, with alternating