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

Authors
  • Kuvalin, D. B.1
  • Moiseev, A. K.1
  • Shirov, A. A.1
  • 1 Institute of Economic Forecasting, Russian Academy of Sciences, Moscow, 117418, Russia , Moscow (Russia)
Type
Published Article
Journal
Studies on Russian Economic Development
Publisher
Pleiades Publishing
Publication Date
Sep 24, 2020
Volume
31
Issue
5
Pages
533–540
Identifiers
DOI: 10.1134/S1075700720050135
Source
Springer Nature
Keywords
License
Yellow

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.

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