Economic Price Research Articles

Sustainable sourcing and quality service delivery in the Nigerian beverage industry

The viability of the Nigerian beverage industries hinges significantly on the accessibility and quality of their raw materials. The quantity and quality of these raw materials directly impact the quality of products they can deliver to the market. The main objective of the study examined the complex relationships that exists between sustainable sourcing methods, high-quality service provision, and consumer views in the Nigerian beverage industry. This study examined the sustainable sourcing and quality service delivery in the Beverage Industry. Other specific objectives were to; (i) establish the effect of environmental sustainability on customer assurance, (ii) determine the impact of economic sustainability on customer interaction; and (iii) evaluate the influence of social sustainability on customer reliability in beverage industry. Questionnaires were used to elicit the needed data from sample size of 243 respondents in which random sampling techniques were used. The hypotheses were tested using multiple linear regression. The result of the findings showed that sustainable sourcing has significant impact on quality service delivery in the Nigerian Beverage Industry using 7up bottling company as a case study. Results concluded that sustainable sourcing factors such as environmental sustainability, economic sustainability and social sustainability positively affect quality service delivery of 7up bottling company. The study recommends that 7up Bottling Company should continue investing in eco-friendly practices, prioritize transparent communication with its customers about its sustainable sourcing initiatives, and 7up bottling company should ensure economic stability and responsible pricing.

Spatial Equity Disparities of Work Commuting Based on Job Accessibility in Chengdu, China

Recently, urban spatial equity has become a research hotspot, but research focuses on the equity of work commuting from different dimensions. This paper aims to determine the fairness difference of work commuting in Chengdu from three different dimensions by analyzing job accessibility in Chengdu. Firstly, population residence and employment data are obtained by using mobile phone signaling data, real-time travel data are obtained by using Amap API, and regional housing information is obtained from a real estate website. Secondly, the differences in time and cost of job accessibility in different regions are calculated under different time thresholds. Finally, the equity of job accessibility is evaluated by using the Theil index and the Gini coefficient from three new perspectives: transport mode, house price economy, and spatial region. The experimental results show that (1) when time threshold increases, public transport in Chengdu is more equitable, while car traffic is opposite; (2) regions with higher prices are generally fairer; and (3) Chengdu’s equality disparities are more between areas than within areas. In addition to proposing a new accessibility formula based on travel impedance, this study suggests a new method for analyzing equity differences in Chinese cities that can serve as a reference for future researchers. At the same time, the results provide a scientific basis for optimizing the social spatial distribution of public transport services in Chengdu.

Reflections of Economic Shocks and Price of Crude Oil on Gold Price Volatility within Asian Nations

The focus of this study is to examine the effects of economic shocks along with the crude oil price on gold prices in Asian countries. This study utilizes a regression analysis to measure the relationship between the macroeconomic indicators, crude oil price, and gold price in six selected nations from 1990 until 2022. The validity of the data was diagnostically checked by performing a VIF procedure, autocorrelation test, and normality test on residual, and data were analyzed via EViews software. The analysis showed mixed findings, however, a major variable that positively affects the fluctuation of the gold price is “the crude oil price” and it reflects global economic stability in the six countries. A sudden rise in crude oil prices might trigger conflicts in oil-exporting countries and limit access to material sources. This situation may force investors to move their funds into a safe-haven commodity like gold. The fluctuations in crude oil prices are not only a response to current market conditions but also alarming a lot more fundamental problems in an economy, which include approaching economic recessions, currency devaluation and a major financial crisis. For practical implications, this study suggests that policymakers pay extra attention to this commodity besides other economic indicators like inflation, interest and currency rates, and a GDP rate to ensure a sustainable economic condition. To the best of the authors’ knowledge, this study is the first that examines the economic shocks along with crude oil prices pre-and-post COVID-19 pandemic focusing on a few Asian countries.

Effects of increased availability and economic incentives on preadolescents’ healthier beverages choices: An experimental study

This field experimental study examined how increased availability and economic incentives for healthier beverages affect preadolescents' actual healthier beverage choices in a real-world setting. In addition, the impact of preadolescents’ descriptive norm towards healthier beverages, price awareness and parental restrictive rules regarding beverage consumption were explored. During the experiment, preadolescents could independently buy two beverages from an assortment with a total of eight beverages. A 2x2 between-subjects design was used, manipulating the presence of increased availability of healthier beverages and economic incentives (taxes for unhealthier beverages and subsidies for healthier beverages). A total of 305 preadolescents between 8 and 14 years old (M = 10.18, SD = 1.74) participated, each accompanied by one of their respective parents. Results showed that preadolescents were more likely to choose healthier beverages and perceived a higher descriptive norm towards healthier beverages when the assortment included increased relative availability of healthier beverages. Economic incentives and price awareness did not impact healthier beverage choices. Preadolescents were less likely to choose healthier beverages when parents reported higher levels of restrictive rules regarding beverage consumption. Results of the study suggest that increasing relative availability of healthier options could be a promising intervention strategy to support preadolescents in making healthier choices.

An Economic Analysis of Coal Pricing in Mongolia

Coal is a critical export for Mongolia, playing a significant role in the nation’s economy by contributing to GDP and export revenues. This paper provides an economic analysis of coal pricing in Mongolia, examining the primary factors that drive price fluctuations in both domestic and international markets. Key areas of focus include global demand, particularly from neighboring China, transportation costs, government policies, currency exchange rates, and environmental regulations. The paper employs a mixed-method approach, analyzing historical price data alongside policy reviews to identify the challenges and opportunities Mongolia faces in stabilizing coal prices. Global coal demand, especially from China, has a profound effect on Mongolian coal prices, while infrastructure limitations and transportation costs further exacerbate price volatility. Additionally, Mongolia’s coal sector is influenced by international competition, particularly from established exporters like Australia and Indonesia, which benefit from more developed supply chains. This research aims to provide valuable insights for policymakers and stakeholders by offering recommendations on how Mongolia can enhance price stability and strengthen its position in the global coal market. By analyzing the economic forces shaping Mongolian coal prices, the study contributes to broader discussions on resource management and economic sustainability in coal-dependent economies. The findings will aid policymakers in developing strategies that address Mongolia's infrastructure challenges and ensure the long-term viability of its coal industry in the face of evolving global energy dynamics.

A Survey On Image Registration Techniques Using FFT

Image Registration is the process of straightening two or more images of the same scene with testimonial to a particular image. The images are captured from various sensors at different times and at multiple viewpoints. Thus, to get a better picture of any change of a scene/object over a considerable period of time image registration is important. Image registration finds application in medical sciences, remote sensing and in computer vision. This paper presents a detailed review of several approaches which are classified accordingly along with their contributions and drawbacks. The main steps of an image registration procedure are also discussed. Different performance measures are presented that determine the registration quality and accuracy. The scope for the future research are presented as well. Applications based on Fast Fourier Transform (FFT) such as signal and image processing require high computational power, plus the ability to experiment with algorithms. Reconfigurable hardware devices in the form of Field Programmable Gate Arrays (FPGAs) have been proposed as a way of obtaining high performance at an economical price. At present, however, users must program FPGAs at a very low level and have a detailed knowledge of the architecture of the device being used. To try to reconcile the dual requirements of high performance and ease of development, this paper reports on the design and realization of a High-Level framework for the implementation of 1-D and 2-D FFTs for real-time applications. Results show that the parallel implementation of 2-D FFT achieves virtually linear speed-up and real-time performance for large matrix sizes. Finally, an FPGA-based parametrizable environment based on the developed parallel 2-D FFT architecture is presented as a solution for frequency domain image filtering application

The Climate-Changing Context of Inflation: Fossilflation, Climateflation, and the Environmental Politics of Green Central Banks

Abstract In this forum, I seek to demonstrate how the growing confluence of climate change and inflation offers a fruitful research agenda for environmental politics scholars. It develops two independent, yet interrelated, concepts first proposed by Schnabel: first, fossilflation, the legacy cost of the dependency on fossil energy sources, which has not been reduced forcefully enough over the past decades, and second, climateflation, the growing impact of natural disasters and severe weather events on economic activity and prices. With the subject of inflation often considered to be a contextual or descriptive feature of environmental issues, the economic implications of climate change have come to challenge the conventional understanding of the inflationary phenomenon. This article seeks to foster an interdisciplinary dialogue between scholars from different disciplinary backgrounds on the subject of climate change–induced inflation and the questions it presents for notions of “green” central banking.

Cation Engineering Perovskite Cathodes for Fast and Stable Anion Redox Chemistry in Zinc‐Iodine Batteries

AbstractZinc‐halogen batteries are promising for sustainable energy storage, offering high redox capacities at economical price points. However, they are hindered by issues such as the irreversibility caused by the dissolution of intermediates and the sluggish charge transfer, which limit their widespread adoption. Addressing these issues, bismuth‐iodide perovskite cathodes are employed as a halogen element enriched model system. These perovskite cathodes demonstrate considerable anion redox capacities. In a combined simulation and experimental study, it is uncovered that the (BAD)BiI4 (BAD+ denotes benzamidinium) cathode, greatly improves interactions with iodine species and boosts charge transfer capability compared to its (BA)BiI4 (BA+ denotes benzylaminium) counterpart. These enhancements can be attributed to the synergistic effects arising from stronger Bi−I···I halogen bonds and C═N─H···I hydrogen bonds. The (BAD)BiI4 cathode attains a reversible I−/I0 redox chemistry with 92% capacity retention after 30 000 cycles at a current density of 10 A g−1I, outperforming previously reported anion redox batteries. Additionally, the defect‐tolerant property and the I−/I0/I+ conversion of the (BAD)BiI4 are elucidated. The I5− forms a notably stronger bond with (BAD)BiI4 in comparison to I3−, which effectively mitigates polyiodide shuttling. These advantageous characteristics highlight the promise and adaptability of the developed perovskite cathodes for high‐performance anion redox chemistry.

PEMELIHARAAN IKAN LELE DUMBO (CLARIAS GARIEPINUS) PADA KOLAM BETON

African catfish (Clarias gariepinus) is a type of freshwater fish that can grow and develop well because it can be cultivated on limited land. Currently, African catfish cultivation has developed rapidly because the cultivation and marketing technology is relatively easy for the community, and the funding required is relatively small. Catfish has advantages compared to other fish, namely faster growth, economical price and high nutritional content. Catfish is a type of consumption fish that has promising prospects because it has a fairly high level of market uptake. This research aims to determine the performance of African catfish cultivation in concrete ponds. This research activity was carried out in June-July 2023 at the Lingsar Fish Seed Center (BBI), West Lombok, West Nusa Tenggara. The data collection techniques used in this research were descriptive methods and field observations. The results obtained are that African catfish cultivation activities include pond preparation, selection and stocking of seeds, the grow-out process where this grow-out process includes feed management, water quality management and health management of African catfish. Next, growth observations were carried out where growth for 21 days could provide significant results, which can be seen from the absolute weight and length obtained, namely 1.101 grams and a length of 6.3 cm. Previously, the initial average weight of farmed fish was 5.4 grams. After 21 days of rearing, the final average weight was 18.6 grams. Then the FCR value obtained was 0.8 and SR 88%. Meanwhile, for optimal maintenance water quality, the maintenance temperature range is around 26-28°C, pH is around 6.6-8.2 and DO is around 47.5-9.8 mg/l. From these data it can be said that catfish cultivation has been successful

Effect of low-content crumb rubber modification on the performance of bitumen and asphalt

The performance of flexible pavements is greatly influenced by rutting, fatigue, and durability, leading to premature failures under environmental conditions. The limitations of traditional bitumen in flexible asphalt pavements are due to the significant rise in traffic loads and volumes. The reason for incorporating tire waste into bitumen is its incredible qualities and economical price as a bitumen modifier. The quality of crumb rubber (CR)-modified bitumen mainly depends on the concentration of low-content CR dispersed into the base bitumen. The primary target of this research is to modify the bitumen with low-content CR to improve the thermal properties, rheology, rutting resistance, fatigue resistance, and moisture-damaged performance. The three concentrations, i.e., 5%, 10%, and 15% of CR, were selected based on extensive preliminary trials when dispersed in conventional 60/70 penetration grade bitumen. The consistency and mixture test results concluded that the optimum dosage of CR-10% provides a 20% improvement in thermal performance, a 15% increase in rheological stability, a 25% enhancement in rutting resistance, a 30% boost in fatigue resistance, and a 10% reduction in moisture damage susceptibility. The inclusion of CR makes rubberized asphalt an attractive and effective solution for highway construction, aligning with sustainable construction practices. The findings demonstrate that low-content CR-modified asphalt improved the durability of asphalt mixtures against moisture-induced damage and other benefits, such as reduced cracking and maintenance requirements. The CR technology led to a significant subsidization in the environmental impact of asphalt paving from 5 to 10% compared to standard paving applications.

Diseminasi Snack Ternak Berbahan Baku Lokal (Berakal) Sebagai Solusi Pakan Berkualitas dan Ekonomis di Kabupaten Sigi

Considering the abundance of underutilized local feed materials, particularly large amounts of agricultural waste that have yet to be optimized as a feed source, the production of feed snacks is expected to provide a solution for utilizing this waste. By adding local ingredients such as moringa leaves, which have highly potential nutritional content, the development of these feed snacks is further enhanced. Moringa leaves are a valuable commodity in terms of both their nutritional content and benefits when added to feed formulations, serving to complement the standardized nutrient requirements. Through a technological processing involving silage/fermentation and to facilitate application and increase storage life, the product is formed into snacks. Addressing the ongoing complaints of farmers regarding the need for feed with high protein content at an economical price, the BERAKAL livestock snack emerges as a solution to meet this demand. With an affordable price, it is expected to fulfill the needs of farmers who face a shortage of quality feed compared to commercial concentrates which are relatively more expensive. The methods of socialization and technical guidance typically involve several stages and strategies to enhance the competence and awareness of the community, such as initial socialization, training and technical guidance, and general technical guidance. BERAKAL livestock snacks can increase livestock productivity, leading to increased production of meat, milk, and eggs, and improving the competitiveness of Indonesian livestock products. BERAKAL livestock snacks can enhance the competitiveness of Indonesian livestock products in the global market. The BERAKAL livestock snack program has the potential to provide significant benefits to universities in terms of implementing MBKM and achieving IKU. Some of these benefits include increasing collaboration with industry partners and the community. This program will involve industry partners and the community in the development and marketing of BERAKAL livestock snacks. This collaboration can enhance the university's reputation as a reliable partner in developing products and services that benefit the community.

Non-Linear Impact of Economic Performance on Social Equity in Rail Transit Station Areas

Rail transit station areas (RSAs) are heralded as a transformative approach to urban planning, emphasizing the integration of transportation, housing, and commercial development to foster sustainable and inclusive cities. This study presents a comprehensive exploration of the interplay between transit-oriented development (TOD) economic performance and social equity in RSAs, employing advanced methodologies, like eXtreme Gradient Boosting (XGBoost) and SHapley Additive exPlanations (SHAPs), to decipher the complex relationships between TOD characteristics and social equity outcomes. Focused on Dalian’s urban center, this study integrates diverse datasets, including mobile location, geospatial, and economic price data, to construct a nuanced analysis framework within the NPE (node–place–economic) model. The results indicate that economic factors significantly impact overall social equity, particularly influencing key variables, such as weekday and weekend commuter population densities. Local explanatory plots reveal that economic performance variables associated with transportation development exhibit a broad non-linear impact on social equity in RSAs. This study advances equitable urban development through TOD by stressing the importance of factoring in multiple variables in RSA planning. This approach is vital for creating synergistic effects, fostering equitable spatial planning, and has both theoretical and practical benefits for improving residents’ well-being.

Dynamic interconnectedness of economic confidence, energy prices, and interest rates: Insights from the euro area

This work examines the time-varying interlinkages among economic confidence, energy prices, geopolitical stress, and short/long-term interest rates in the Euro Area. Our research meticulously explores the interplay between economic confidence and various determinants, including financial indicators, geopolitical stress incidents, and energy prices. Employing innovative approaches such as the time-varying parameter vector autoregression (TVP-VAR) time and frequency-domain connectedness, we uncover the nuanced relationships between economic confidence, financial indicators, and energy prices. We illuminate the systemic nature of shock transmission in the Euro Area, identifying key net transmitters and recipients of shocks, with short-term interconnectedness emerging as a dominant feature, especially during pivotal events such as the global financial crisis, the COVID-19 pandemic, and geopolitical conflicts. Our empirical findings can be summarized as follows: First, both the time and frequency-domain connectedness indexes correctly associate with major financial/geopolitical events. Second, BCI and CCI respond to the GFC asymmetrically. Third, Brent and short/long-term interest rates are the net transmitters of shocks on average. Fourth, there is a considerable augmentation in return spillovers during the period characterized by the pandemic crisis compared to the GFC. Finally, our findings for frequency-dependent connectedness networks indicate that the market is particularly susceptible to short-term shocks. This study has significant ramifications for investors, market players, and policymakers.

A novel development of h-CSLQFL controller for optimal sizing and economic pricing of battery in electric vehicle system

This paper proposes a novel design of h-CSLQFL controller for reducing the battery size (kWh) and battery cost (US$/kWh) of electric vehicle (EV) system. The h-CSLQFL controller is a hybrid controller which is formed by the combination of Cuckoo search optimization (CSO), linear quadratic regulator (LQR), and fuzzy logic controller (FLC). The higher battery cost is one of the biggest challenges with EV due to which a significant number of consumers cannot afford to purchase it. The replacement of conventional vehicles with EV creates ecofriendly and sustainable solutions. For attaining the optimal reduced cost of battery, a strategy has been demonstrated by framing a multi-objective function which is controlled with h-CSLQFL controller. It commences with the design of mathematical model of EV in which supply voltage and current are the input parameters whereas the speed and torque are the output parameters. Thereafter, LQR controller was designed and implemented for analyzing the performance parameter of EV. Afterwards, CSO controller in support with LQR controller has been formulated in closed loop manner. At the end, the multi-objective function is controlled with LQR based CSO and LQR controller. It is observed that the least optimal economic cost and size of EV battery have been attained with h-CSLQFL controller in comparison to the LQR based CSO and LQR controller. In addition to this, the least risk factor and reduced sensitivity have been also attained with the proposed approach. The validation of the proposed h-CSLQFL controller has been done on a hardware set up.

Interplay between economic progress, carbon emissions and energy prices on green energy adoption: Evidence from USA and Germany in context of sustainability

In contemporary times, where most academic research mainly focuses on the factors of economic and environmental sustainability and emissions reduction. Yet, very little attention has been paid to the identification of the factors of renewable energy, which requires appropriate policy-level attention. Consequently, this research investigated two developed economies, i.e., Germany and the USA, from 1991 to 2021 where, the objective of the study includes using novel and robust empirical methods to test the causal relationship between renewable energy and CO2 emissions, economic growth, technological innovations and oil prices. Using the normality and unit root estimators, this study observed that non-normal data distribution, yet all the variables are stationary. Using time-series and panel cointegration tests, the results validate the cointegration between economic growth, oil prices, carbon emission, technological innovation, and renewable energy adoption in the United States whereas Germany does not show cointegration between the variables. This study employ ‘s the Morlet-Wavelet approaches and key findings show that all these variables have a significant role in improving renewable energy adoption in both the region. Furthermore, results show a unidirectional and bidirectional causal association between the variables via the panel-stacked Granger causality test. This study recommends effective policy ramifications concerning improved investment in technological innovation, improved low-carbon production, and diverting economic growth to renewable energy transition. Use of improved new time-series method of wavelet coherence show the key contribution in this paper with new evidence of time frequency analysis on how external variables affect renewable energy consumption in developed countries of US and Germany. The objective includes understanding the effects of CO2 emissions, economic growth, technological innovations and oil prices on renewable energy which would give evidence to policy makers and environmentalists on how developed countries should improve clean energy adoption.

Investor demand in syndicated EFSF/ESM bond issuances

The European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM) were set up at the peak of the European sovereign debt crisis to issue bonds and lend to countries under current funding stress. This study analyses investor demand in syndicated bond issuances of EFSF and ESM from 2014 to 2020 on an unprecedented granularity level using a dataset of individual orders with statistical inference. Particularly, we investigate orderbook dynamics for three main aspects: first, we determine the main factors segmenting investor demand. Second, we analyse price dynamics in the transactions and their relation to investor demand. Third, we investigate whether any indications of orderbook inflation might explain the increased volatility in orderbook volume. We identify issuance tranche and tenor as the main determinants of investor demand that are largely anticipated in the notional. Further, we note that ESM is doing economical pricing, where the new issue premium tends to be lower in a market context with larger demand. Lastly, we find a mixture of an increasing number and an increasing volume of orders as drivers of large order books. This confirms that there are no indications of orderbook inflation tendencies in the analysed time period.

Study on the Spatial Effects of Grain Change on Food Security of Feed from the Perspective of Big Food

Using panel data from 30 provinces in China from 2005 to 2020, this paper uses a spatial double difference model to evaluate the policy impact of the “grain-to-feed” policy on feed grain production in pilot areas and adjacent spatial areas. Research has found that the “grain-to-feed” policy has a significant impact on the feed grain production in pilot areas and can significantly increase the feed grain production in pilot areas by about 2.71 million tons. The “grain-to-feed” policy has strengthened the positive connection between pilot areas and adjacent pilot areas, increased feed grain production, and has a significant spatial spillover effect. Robustness analysis shows that whether using different methods to measure spatial adjacency or using different standards to distribute subsidies, the “grain-to-feed” policy can significantly increase feed grain production, narrow the supply and demand gap of feed grain, and ensure feed grain security. Further analysis shows that the “grain-to-feed” policy can not only ensure the security of feed grain for the current and next periods but also promote the increase in farmers’ income, which is long-term and sustainable. Compared with non-pilot areas, the “grain-to-feed” policy can mitigate the negative impact of wage–price signals on feed grain production in pilot areas. It is recommended that government departments accelerate the transformation of food security concepts, establish a “Big Food Perspective”, gradually promote the pilot of the “grain-to-feed” policy nationwide, increase the subsidy amount of the “grain-to-feed” policy, increase financial support for scientific and technological research and achievement transformation in the field of feed grain, prevent the impact of economic price signal fluctuations on feed grain production, and effectively ensure the security of feed grain in China.

Pengaruh Penggunaan Serat Kulit Jagung dan Abu Sekam Padi Sebagai Bahan Campuran Pembuatan Asbes Plafon

Agricultural waste is one of the most common sources of waste in Indonesia, corn husk fiber and rice husk ash are examples of this agricultural waste. In this study, corn husk fiber and rice husk ash were used as a mixture for making asbestos ceilings. This study used an experimental method by using corn husk fiber as a substitute for fiberglass fiber and rice husk ash as a partial substitute for cement. Corn husk fiber has high flexural properties which are assumed to be able to replace fiberglass fibers in the manufacture of asbestos ceilings. Meanwhile, rice husk ash contains silica (SIO2), which is one of the compositions of cement. Therefore, it is proposed to innovate the use of corn husk fiber and rice husk ash as a mixed ingredient for making asbestos ceilings which aim to minimize existing waste and create environmentally friendly asbestos ceilings that have better flexural strength and water absorption than conventional asbestos ceilings. This innovation is expected to produce a more economical price.

Taguchi Method for Optimizing Economic Product Selling Prices in MSMEs Concrete Industry

This article examines research related to determining the economic selling prices for concrete brick products at Karunia MSMEs, with the aim of optimization for production cost while still maintaining process quality. The method used in this research is Design of Experiment (DoE) based, namely Taguchi with regression, then continued with cost analysis to determine the optimal cost of production for efficiency. The technique in this method uses 3 variables, there are sand, cement and the length of time for mixing the concrete mixture with the quality parameters and production costs of the concrete bricks. Based on the experimental results, in achieving the goal of increasing cost efficiency, through sensitivity analysis it was obtained that the optimal composition of the cost of production was IDR 5,000 per piece of concrete brick, while maintaining SNI quality standards in optimal results of compressive strength is 117.37 kg/cm2, water permeability is 7.77% and roughness is 52.42 µm. The cost of production is the same as the initial cost of production before composition optimization efforts are carried out, where the initial concrete brick product is indicated as not meeting SNI quality standards because it has a compressive strength value below standard. The results of this research are expected to be able to provide recommendations for economic selling price for concrete brick by production costs optimizing while maintain the SNI standard quality of concrete brick products.

PRO-INFLATIONARY SIGNIFICANCE OF ENERGY COMMODITY AND ELECTRICITY PRICES

Aim: The main aim of this article is to evaluate the influence of electricity prices on the overall economic price level. Methods: The research methodology was carefully designed to encompass various analytical tools, including the graphical representation of data, basic statistical analyses, the computation of the Pearson correlation coefficient with consideration of time lags, and the application of the Granger causality test. Re­sults: The outcomes of the study revealed a significant inefficiency within the market mechanism. Contrary to expectations, the anticipated correlation between electricity prices and inflation (PPI and CPI) indices was found to be statistically insignificant. However, among the examined relationships, a strong and noteworthy connection emerged between coal prices and the PPI inflation index, particularly with a distinct two-month lag in this correlation. Conclusions: Drawing conclusions from the analysis, it became evident that while energy commodity prices, such as coal, do not directly translate into electricity prices and subsequently influ­ence inflation, coal prices do emerge as a significant predictor of inflation. This observation suggests a gap in the intermediate stage of the production cycle, shedding light on a pronounced market inefficiency. The significance of these findings extends beyond the narrow scope of the energy sector. They provide a broader perspective on pricing relationships in the economy, highlighting the limited impact of the market price of electricity on shaping the overall price level. This nuanced understanding constitutes a noteworthy and valuable contribution to the field of economic research, emphasizing the multifaceted dynamics that underlie pricing mechanisms in a complex economic system.