Does the South African rand's relatively large volatility affect inflation? To shed some light on this question, a … standard estimation technique of exchange rate pass-through to inflation is extended to incorporate exchange rate volatility …. Estimated results suggest that higher exchange rate volatility tends to increase core inflation but to a relatively limited …

This paper focuses on the role of the pass-through of the exchange rate and policydeterminants in driving inflation …, nonfood prices not only directly influence headline inflation, but also have an significant impact on food inflation via … second round effects; (ii) the pass-through of the exchange rate to headline inflation has jumped from zero to 11 percent …

This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of … disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persistent as non-food non-fuel (NF …/NF) inflation, especially in low-income countries (LICs) in SSA. We find evidence that food inflation became less persistent from …

30 years, we document that exchange rate pass-through significantly larger during periods of high inflation and elevated …

This paper estimates the exchange rate pass-through to consumer price inflation in Angola and Nigeria, with particular … inflation. However, the pass-through effect on core inflation is significant …

inflation targeting regime in the transmission from exchange rate movements to prices. We perform a set of robustness checks …

inflation targeting regime in the transmission from exchange rate movements to prices. We perform a set of robustness checks …

Determining the magnitude and speed of the exchange rate passthrough (ERPT) to inflation has been of paramount …-makers should continue to pursue low and stable inflation and develop a strong track record of prudent macroeconomic policies for …

This paper investigates the impact of fiscal shocks on inflation, using a large panel of 139 countries over the period … 1970–2021. First, both headline and core measures of inflation increase in response to expansionary shifts in the fiscal … with care in aggregate demand management as it has significant effects on inflation, which are highly dependent on fiscal …