Central Bank of Russia - Annual Report 2004

According to the Central Bank of Russia's Annual Report 2004, the year 2004 was a good one for the Russian economy.

The key macroeconomic indicators testified to continuing rapid economic growth, an increase in fixed capital investment and real income, and a considerable improvement in the financial standing of enterprises. Despite the failure of the Russian Government and Bank of Russia to meet the target set for inflation in 2004, consumer price growth last year was lower than in 2003.

Inflation

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