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SAS for Finance

You're reading from   SAS for Finance Forecasting and data analysis techniques with real-world examples to build powerful financial models

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Product type Paperback
Published in May 2018
Publisher Packt
ISBN-13 9781788624565
Length 306 pages
Edition 1st Edition
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Author (1):
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Harish Gulati Harish Gulati
Author Profile Icon Harish Gulati
Harish Gulati
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Table of Contents (9) Chapters Close

Preface 1. Time Series Modeling in the Financial Industry 2. Forecasting Stock Prices and Portfolio Decisions using Time Series FREE CHAPTER 3. Credit Risk Management 4. Budget and Demand Forecasting 5. Inflation Forecasting for Financial Planning 6. Managing Customer Loyalty Using Time Series Data 7. Transforming Time Series – Market Basket and Clustering 8. Other Books You May Enjoy

What is inflation?

Inflation can be defined as the increase in pricing of products and services and the resultant fall in the purchasing power of money. Measuring inflation is critical for any business. Inflation impacts the input price of goods and services and needs to be taken into account for pricing strategies. It also impacts the purchasing power of consumers and does thereby play a role in revenue generated by businesses. When we talk about measuring inflation, we aren't interested in the price of a single product. The basket of products and services that we usually buy or need is what we measure inflation against.

The most common measure of inflation that we can see being discussed by the central banks, government, and media is consumer price inflation (CPI). This may be called something slightly different in other countries. It is used to measure goods and services...

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