Russia’s inflation comes in at 5.6%yr in March, ABOVE its 4%yr target.
Russia’s money supply (M2) is growing at 11.4%yr, ABOVE Hanke's Golden Growth Rate of 8.4%yr, a rate consistent with hitting its inflation target of 4%yr.
THE INFLATION STORY = A MONEY SUPPLY STORY.
Russia’s money supply (M2) is growing at 11.4%yr, ABOVE Hanke's Golden Growth Rate of 8.4%yr, a rate consistent with hitting its inflation target of 4%yr.
THE INFLATION STORY = A MONEY SUPPLY STORY.