THE ROLE OF DEMAND-PULL INFLATION IN INFLATION PROCESSES OF MODERN RUSSIA

The paper deals with the estimation of the question «Сan the demand-pull inflation be the type of inflation processes in modern Russia?». The analysis uses data of inflation, statistics of consumer activity and savings of the citizens, as well as the indicators of the state budget and money supply in 2016-2018. The research results show that the acceleration of inflation in Russia is neither the result of expanding consumer abilities of the population or an increase in government orders, nor an increase in the demand for production capacity. This conclusion can not characterize the inflation processes in modern Russia as the demand-pull inflation.