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Влияние цен производителей на потребительскую инфляцию в Казахстане // The impact of producer prices on consumer inflation in Kazakhstan

Author

Listed:
  • Ержан Ислам // Yerzhan Islam

    (Payment and Financial Technologies Development Center)

  • Кулкаева Алтын // Kulkaeva Altyn

    (National Bank of Kazakhstan)

Abstract

Осуществление политики инфляционного таргетирования предполагает внедрение и постоянное совершенствование системы прогнозирования и анализа макроэкономических переменных, в частности инфляции. Перманентный прогресс направлен на улучшение качества проводимого анализа и повышение точности прогнозов экономического развития через улучшение прогнозных моделей, а также расширение понимания причин и структуры инфляционных процессов. В данной работе авторами были использованы различные статистические методы (тест на причинную связь: Грейнджер (подход Тоды-Ямамото), а также вейвлет анализ) для оценки влияния различных индексов цен производителей на потребительскую инфляцию в Казахстане. // The implementation of the inflation targeting policy involves the introduction and continuous improvement of the system of forecasting and analysis of macroeconomic variables, in particular inflation. Permanent progress is aimed at improving the quality of analysis and improving the accuracy of forecasts of economic development through improving forecast models, as well as expanding understanding of the causes and structure of inflationary processes. In this paper, the authors used various statistical methods (causality test: Granger (Toda-Yamamoto approach), as well as wavelet analysis) to assess the impact of various producer price indices on consumer inflation in Kazakhstan.

Suggested Citation

  • Ержан Ислам // Yerzhan Islam & Кулкаева Алтын // Kulkaeva Altyn, 2022. "Влияние цен производителей на потребительскую инфляцию в Казахстане // The impact of producer prices on consumer inflation in Kazakhstan," Working Papers #2022-5, National Bank of Kazakhstan.
  • Handle: RePEc:aob:wpaper:30
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    File URL: https://nationalbank.kz/file/download/78123
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    More about this item

    Keywords

    инфляция; индекс цен производителей; индекс потребительских цен; вейвлет анализ; причинно-следственная связь; inflation; producer price index; consumer price index; wavelet analysis; causal relationship;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E19 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Other
    • E39 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Other

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