Firn,

Quote Originally Posted by Firn View Post
I wrote earlier that Russia might be forced to raise again it's interest rate and last week it did so. Higher inflation and (unofficially) pressure on it's foreign reserves are the two reasons. The RCB finds itself indeed between a rock and hard place and has to hurt demand and growth due to Putin's primacy of politics...
Not sure I understand this chart. Seems 2004 and 2005 were far worse.


Historic inflation Russia (CPI) - This page features an overview of the historic Russian inflation: CPI Russia. The inflation rate is based upon the consumer price index (CPI). Two overviews are being presented:
the annual inflation by year for Russia - comparing the december CPI to the december CPI of the year before and
the average inflation by year for Russia - the average of 12 monthly inflation rates of a calendar year
I don't do pie charts