The Impact of Price Dynamics in Russia on Monetary Policy and Economic Development

D. B. Kuvalin (), A. K. Moiseev and A. A. Shirov
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D. B. Kuvalin: Institute of Economic Forecasting, Russian Academy of Sciences
A. K. Moiseev: Institute of Economic Forecasting, Russian Academy of Sciences
A. A. Shirov: Institute of Economic Forecasting, Russian Academy of Sciences

Studies on Russian Economic Development, 2020, vol. 31, issue 5, 533-540

Abstract: Abstract— The article is devoted to the analysis of how inflation works in the Russian economy. The structural aspect of the formation of price dynamics, the differences in how the consumer price index and producer price index are formed, the obstacles to the effective implementation of inflation targeting are considered. Various aspects of the formation of inflationary dynamics are analyzed taking into account the indicators of financial activity of enterprises. Approaches are proposed that improve the quality of enterprise surveys on assessing inflation expectations.

Keywords: inflation; inflation targeting; industry structure; consumer price index; producer price index; enterprise surveys; monetary policy; production modernization; population incomes (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1134/S1075700720050135

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