Probably, it is impossible to say that we agile methodologies in software development cannot influence this part, but we can influence that part. We distinguish volatile components that depend on one-off factors, and a more stable part of inflation. And the latest analysis shows that inflation indicators that characterize stable factors are still above 4%. We cannot influence the factors that caused inflation — global grain prices, steel prices — this is obvious. But we can influence the extent to which increased costs are passed on to prices through monetary policy. Global commodity prices have increased everywhere, but inflation in different countries is very different.
And costs have the ability to be transferred
to prices almost 100% when inflation expectations are high and when there are no restrictions on demand. When they exist, this restrains the transfer. In this regard, I would like to recall the episode a similar school was also held when we had a VAT increase: we then raised the key rate in a precautionary manner, and the increased costs associated with the payment of VAT were not america email fully transferred to prices.
Business costs still being fully
transferred into prices or has this process slowed down with the tightening of monetary policy?