How Retail Chains Influence Consumer Prices in the Russian Regions

Abstract:

Retail chains have a positive influence on the socioeconomic development of a country or a region subject to normal operation of the small trade business. The article is dedicated to the influence retail chains have upon the change in consumer prices in the Russian regions. The author assesses the dependence between the share of retail chains in the retail turnover and the consumer price index, consumer food price index, consumer price index for non-food items, price of the basket of goods and services, and growth rate of the price of the basket of goods and services.