Tag "inflation"

Inflation is a key indicator of economic stability, and being able to accurately forecast its levels across regions is crucial for governments, businesses, and households. Tatiana Bukina and Dmitry Kashin at HSE Campus in Perm have found that machine learning techniques outperform traditional econometric models in long-term inflation forecasting. The results of the study focused on several regions in the Privolzhskiy Federal District have been published in HSE Economic Journal.