Factors for slowing inflation in economy
The article continues the multi-factor analysis of inflation processes, which was started in the article «evolution of inflation factors in the conditions of economic sanctions». The article focuses on the analysis of the prevailing factors in 2017. Inflation in 2017 had an unprecedented low grow...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Omsk State Technical University, Federal State Autonomous Educational Institution of Higher Education
2018-10-01
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| Series: | Омский научный вестник: Серия "Общество. История. Современность" |
| Subjects: | |
| Online Access: | https://www.omgtu.ru/general_information/media_omgtu/journal_of_omsk_research_journal/files/arhiv/2018/3%20(%D0%9E%D0%98%D0%A1)/107-112%20%D0%93%D0%BE%D1%80%D0%B4%D0%B8%D0%B5%D0%B2%D0%B8%D1%87%20%D0%A2.%20%D0%98.,%20%D0%A0%D1%83%D0%B7%D0%B0%D0%BD%D0%BE%D0%B2%20%D0%9F.%20%D0%92..pdf |
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| Summary: | The article continues the multi-factor analysis of inflation processes, which was
started in the article «evolution of inflation factors in the conditions of economic
sanctions». The article focuses on the analysis of the prevailing factors in 2017.
Inflation in 2017 had an unprecedented low growth rate. The main reasons for the
slowdown in inflation are the decline in consumer and investment demand.
The purpose of the article is to understand the mechanism of influence of various
factors on inflation in 2017. The decline in inflation is explained by the tightening
of monetary policy. Structural and technological changes that lead to a significant
reduction in the cost of new goods and services are also the basis of price reduction.
The rapid decline in inflation is due to the fall in real incomes and the effective
demand of the population |
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| ISSN: | 2542-0488 2541-7983 |