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Aspects Regarding the Evolution of the Consumer Price Indices in Romania, During 1991-2015. Is Romania Price Saftey?

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  • Vasile, Andrei Jean
  • Marian, Zaharia
  • Bazga, Bogdan

Abstract

Prices are an essential barometer in assessing, both consumer behavior, orienting production towards those categories of products sold in the market but mainly provides information on economic developments in general. Pricing behavior also provides reliable information in the assessment classical report demand vs. offer. Rapid price increases are the results of a complex combination of structural and temporary factors. From this perspective, understanding and explanation as possible of the evolution of prices is a necessary step in adopting the general economic measures and policies to remove some of their volatility. The main aim of this paper is mainly focused on an analysis regarding the evolution of the consumer price indices in Romania, during 1991-2015, trying equally to explain if Romania is price safety.

Suggested Citation

  • Vasile, Andrei Jean & Marian, Zaharia & Bazga, Bogdan, 2016. "Aspects Regarding the Evolution of the Consumer Price Indices in Romania, During 1991-2015. Is Romania Price Saftey?," Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 62(2), June.
    • Handle: RePEc:ags:sereko:288840
    DOI: 10.22004/ag.econ.288840
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    Keywords

    Demand and Price Analysis;

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