Consumer Price Index is one of the main indicators which are used in government’s economic and social policy. At economic policy CPI is mostly used for determination of main direction of monetary policy and price forecasting process as well. At social sphere CPI is widely used for determination of living …
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An alternative approach to the inflation calculation in Azerbaijan
Why alternative approach? This question was answered in early 2000 by local research center working in Poland; in order to maintain the macroeconomic equilibrium. This is important not only for having the credible rate of inflation in the society, but also for adjusting the social and economic policy of the …
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