Inflation in Ukraine: Analysis and Influence on The Income of The Average Family

1Olesia DEMIANYSHYNA, 1Maksym SLATVINSKYI, 2Ludmila SMOLIY, 3Oleksandr NEDBALYUK and 1Olena GARMATIUK

1Pavlo Tychyna Uman State Pedagogical University, UKRAINE

2Uman National University of Horticulture, UKRAINE

3State University of Trade and Economics, UKRAINE

Abstract

The article examines changes in inflation in Ukraine at the present stage, important aspects are covered, the influence of the inflation index on the indicators of population profitability and GDP was analyzed. The social consequences of inflation and its impact on the income of the average family are analyzed. The results of the study provide an opportunity to improve the analysis of factors influencing the formation and use of household income in the structure of total expenditures of the average family and factors influencing the formation of household income itself. Measures to reduce inflation are proposed based on the disclosure of theoretical principles and substantiation of practical recommendations for preventing or eliminating this process based on the results of the analysis.

Keywords: inflation, average family, income, wage
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