on the PPI seems to be useful to improve forecasts of CPI inflation. In particular, CPI inflation responds significantly …

prices feed into final consumer prices, wholesale price inflation should cause consumer price inflation. Moreover, there … should exist a long-term equilibrium relationship between consumer and wholesale price inflation and the exchange rate. But …. The CPI inflation should Granger cause WPI inflation, through the effect of food prices on wages and producer prices …

analysis Johansen and Juselius's maximum likelihood approach for cointegration was applied after confirming that variables are …/implications – The study reveals that CPI is a leading indicator of producers' prices and inflation (i.e. WPI). This gives an indication …

, we applied ARDL bounds testing approach to cointegration and robustness of ARDL approach is examined through Johansen and … consumers’ prices and inflation. This gives an indication to the Indian policy analysts to control for factors affecting WPI in …

This paper investigates the effectiveness monetary policy by Granger causality tests in the two regimes of inflation … endogenous in China during the inflation period. This implies that the People's Bank of China had difficulty exercising the power … of money supply to reduce inflation if the endogeneity was the result of the market behaviour. However, if the …