The Impact of Inflation on the Size of the Domestic Demand for Consumer Goods and Services

Aniela Balacescu and Marian Zaharia

Annals of the University of Petrosani, Economics, 2011, vol. 11, issue 2, 33-40

Abstract: The impact of inflation on society has significant consequences. One of the major effects of inflation is the uncertainty generated when the inflation rate is volatile which can lower purchasing power of consumers, which means that it is thanks to the less if you do not increase and the revenue in the same rhythm. In this article we intend to analyze statistically the impact of inflation on the size of the domestic demand for consumer goods and services in the period 2000-2010.

Keywords: rate of inflation; consumer price indices; demand; Romania (search for similar items in EconPapers)
JEL-codes: C44 (search for similar items in EconPapers)
Date: 2011
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