How Are Inflation Expectations of Enterprises Formed: Survey Results

被引:1
作者
Karlova N.A. [1 ]
Puzanova E.V. [1 ]
Bogacheva I.V. [1 ]
Morozov A.G. [1 ]
机构
[1] Research and Forecasting Department, Bank of Russia, Moscow
关键词
anchoring inflation expectations; enterprise survey; inflation expectations; inflation targeting;
D O I
10.1134/S1075700720050093
中图分类号
学科分类号
摘要
Abstract—: The article presents the results of a survey of manufacturing enterprises conducted to study the nature of inflation expectations of Russian companies. The survey data show a high heterogeneity and weak anchoring of inflation expectations (i.e., their instability in the case of short-term inflation fluctuations), which indicates the continuation of adaptation processes in the Russian economy in the transition to inflation targeting policies. In this situation, an important task for the central bank is to strengthen the impact of monetary policy measures on the process of generating inflation expectations of enterprises. © 2020, Pleiades Publishing, Ltd.
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页码:522 / 532
页数:10
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