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September 28, 2025Pénzügyi Szemle = Public Finance QuarterlyOpen Access

From plan to market price: inflation drivers in New Uzbekistan

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Authors

EDElyor DavlatovJSJudit Sági

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Overview

Analysis reveals significant monetary and producer price index effects on inflation, suggesting policy adjustments for economic stability in Uzbekistan.

Key Points

  • Inflation drivers include monetary and producer price index influences over time, revealing crucial links.
  • The long-run impact of broad money and PPI on inflation was significant, indicating strong monetary effects.
  • Short-run analysis showed inflation inertia with notable PPI effects on the consumer price index.
  • Causality tests indicated unidirectional influences from money to CPI and from PPI to CPI, guiding policy implications.

Cite This Study

Davlatov et al. (2025) studied this question.

synapsesocial.com/papers/68d909fc41e1c178a14f5d23https://doi.org/10.35551/pfq_2025_3_2
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