This study investigates inflation persistence in annual CPI inflation collected between 1994 and 2014 for 46 African … countries. We group these countries into panels according to whether they are inflation targeters or not and conduct estimations … for pre and post inflation targeting periods. Interestingly enough, we find that inflation persistence was much higher for …

This study examines the effect of legal central bank independence on inflation in developing countries. In spite of the … policy consensus suggesting that central bank independence is an effective tool to control inflation, the evidence is still … inflation for a sample of 118 developing countries between 1980 and 2013. We find that higher central bank independence is …

Recent energy and food price surges, in the wake of Russia's invasion of Ukraine, have exacerbated inflation … pressuresthat are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …

sensitive to commodity (in particular food grain) prices. Hence, reducing consumer price inflation is likely to yield a rich …

into the greatest difficulties. While the rates of inflation are escalating in almost all countries, it is becoming …