Artikel

The Effect of Food Prices on Inflation in the Republic of Serbia

In the Republic of Serbia, food accounts for a significant share in the consumer price index through which the inflation is statistically expressed. Therefore, in considerations of the basic factors of increase in the general price level, a special emphasis is placed on the specific features of the market of agricultural-food products. The aim of this research is to peruse the effect of the characteristics of the food market in Serbia on the inflation rate. High volatility of food prices is present because of the instability of this market, mainly due to seasonal fluctuations of supply and the effect of natural factors. Bearing in mind that the increase in food prices is the main determinant of the increase in the inflation rate, the indirect state control is very important so as to maintain price stability. Special importance is attached to the following instruments of economic policy: commodity reserves, storage policy, and fiscal and foreign trade policy.

Sprache
Englisch

Erschienen in
Journal: Journal of Central Banking Theory and Practice ; ISSN: 2336-9205 ; Volume: 4 ; Year: 2015 ; Issue: 2 ; Pages: 23-36 ; Warsaw: De Gruyter Open

Klassifikation
Wirtschaft
Price Level; Inflation; Deflation
Central Banks and Their Policies
Agriculture: Aggregate Supply and Demand Analysis; Prices
Thema
food market
volatility of food prices
consumer price index
economic policy
inflation
the Republic of Serbia

Ereignis
Geistige Schöpfung
(wer)
Radukić, Snežana
Marković, Milan
Radović, Milica
Ereignis
Veröffentlichung
(wer)
De Gruyter Open
(wo)
Warsaw
(wann)
2015

DOI
doi:10.1515/jcbtp-2015-0007
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Radukić, Snežana
  • Marković, Milan
  • Radović, Milica
  • De Gruyter Open

Entstanden

  • 2015

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