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The Impact of Inflation on the Size of the Domestic Demand for Consumer Goods and Services

Author

Listed:
  • Aniela Bălăcescu

    (“Constantin Brâncuși” University of Targu-Jiu, Romania)

  • Marian Zaharia

    (Petroleum-Gas University of Ploiesti, Romania)

Abstract

The impact of inflation on society has significant consequences. One of the major effects of inflation is the uncertainty generated when the inflation rate is volatile which can lower purchasing power of consumers, which means that it is thanks to the less if you do not increase and the revenue in the same rhythm. In this article we intend to analyze statistically the impact of inflation on the size of the domestic demand for consumer goods and services in the period 2000-2010.

Suggested Citation

  • Aniela Bălăcescu & Marian Zaharia, 2011. "The Impact of Inflation on the Size of the Domestic Demand for Consumer Goods and Services," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(2), pages 33-40.
    • Handle: RePEc:pet:annals:v:11:y:2011:i:2:p:33-40
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    More about this item

    Keywords

    rate of inflation; consumer price indices; demand; Romania;
    All these keywords.

    JEL classification:

    • C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory

    Statistics

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