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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 …
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product (GDP) growth rate and the consumer price index (CPI) inflation rate, in three countries, the People's Republic of … economy. On the other hand, however, the impact of oil price fluctuations on the People's Republic of China's inflation rate …
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