(2019- تداعيات تذبذبات التضخم المستورد على التضخم المحلي في الجزائر خلال الفترة ( 1990

The repercussions of imported inflation fluctuations on domestic inflation in Algeria during the period (1990-2019)

Abstract

Through this study, we aim to know the impact and type of relationship between domestic
inflation, represented by the relative change in the consumer price index and imported inflation,
represented by the relative change in import prices in addition to real GDP and real exchange rate,
the monetary policy index represented by the monetary supply in its broad sense, and the financial
policy represented by petroleum taxation, and in standard we used the method of self-regression
with distributed slows (ARDL). Where the results of the tests of the root of the unit showed that all
variables are stable at the first difference except the variable real exchange rate stable at the level,
as showed that there is a structural shift in inflation and imported inflation 1997, 2017 respectively,
and the results of the estimate showed the importance of the huge imported in explaining the rate of
inflation in the long and short term, and also showed the existence of a direct relationship between
domestic inflation and both the supply, the petroleum tax, and the opposite relationship between
real output and the real exchange rate. In Algeria it arises as a result of internal and external
factors.