Izvestiya of Saratov University.
ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)


crisis

Consumer Prices in Russia: Effects of the Exchange Rate Shocks

Introduction. National currency exchange rate change can lead to a change in prices for both imported and domestic goods. Therefore, the growth of inflation observed in 2014–2015, accompanied by the ruble depreciation, rises the question: what role did currency shocks play in this? The study is devoted to assessing the pass-through in Russia. Theoretical analysis. There are direct and indirect channels of pass-through influence in literature.