Abstract
Inflation management is always a problem area for any person or economist holding a senior position in the finance ministry of any economy. Among other methods, the target inflation method has become quite popular to manage inflation. In this method, forecasting inflation is essential. The forecast would be able to tell the direction of the future inflation so that any corrective action can be taken to keep the inflation within the target levels. The forecast of the inflation helps the policymakers take proactive decisions to control the inflation and the economy in the long-run.
Keywords
Inflation, Inflation Targeting, ARIMA, White Noise, Forecasting
Citations
IRE Journals:
Rahul Singh Gautam , Jagjeevan Kanoujiya
"Inflation Targeting: An Application of ARIMA Modelling Using Forecasting of CPI and WPI" Iconic Research And Engineering Journals Volume 5 Issue 11 2022 Page 195-198
IEEE:
Rahul Singh Gautam , Jagjeevan Kanoujiya
"Inflation Targeting: An Application of ARIMA Modelling Using Forecasting of CPI and WPI" Iconic Research And Engineering Journals, 5(11)
About IRE Journals
IRE Journals is an open access online journals established with an aim to publish high quality of research work in various diciplines. We have more than 6 years in publications. Over 2500+ papers already published.
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