Skip to content

Commit

Permalink
Update README.md
Browse files Browse the repository at this point in the history
Add description for new March 2024 update.
  • Loading branch information
msikorski93 authored Mar 11, 2024
1 parent 3ae9e78 commit 67ba2b7
Showing 1 changed file with 7 additions and 0 deletions.
7 changes: 7 additions & 0 deletions README.md
Original file line number Diff line number Diff line change
@@ -1,6 +1,13 @@
# Forecasting-Inflation-Rates-of-Poland
Recently inflation is a popular topic in Poland and is highest since the 90s. Experts presume inflation in Poland should continue to rise. The time series forecasting was completed by implementing the autoregressive methods.

* New update for March 2024. Inflation values were forecasted with deep learning: CNN & LSTM. The out-of sample predictions confirm that Polish inflation will continue to fall. Based on evaluation metrics and model residuals, the CNN is a better choice.

| | RMSE | R<sup>2 | MAE | MAPE [%] |
|----------|--------|---------|--------|----------|
| **CNN** | 0.4008 | 0.9892 | 0.3012 | 0.1753 |
| **LSTM** | 0.4957 | 0.9835 | 0.3736 | 0.2218 |

* New update for March 2023.

![march_2023](https://user-images.githubusercontent.com/45270023/225881806-0ef77db7-9e9a-426d-88c2-0291da383201.jpg)
Expand Down

0 comments on commit 67ba2b7

Please sign in to comment.