THE USE OF ECONOMETRIC ANALYSIS IN FORECASTING MACROECONOMIC PROCESSES
Abstract and keywords
Abstract (English):
The article discusses the issues related to the influence of various price categories of goods on the level of inflation. The possibility of using econometric analysis for predictive purposes is considered. An econometric model of multiple regression of the influence of consumer prices on the level of inflation is formed. A linear multiple regression equation is constructed. The selection of factors for the construction of an econometric model is made. The main groups of goods are identified, the prices of which form the level of inflation and can have a primary impact. The viability of the model and the possibility of forecasting macroeconomic indicators based on econometric analysis are proved.

Keywords:
econometric analysis, inflation, forecasting, multiple regression, consumer price index
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