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The present study investigates the impact of macroeconomic factors on food price inflation in India utilizing the … bounds testing approach to cointegration. The coefficients of long-run estimates show that per capita income, money supply …, global food prices, and agricultural wages are positively and significantly impacted food price inflation in both the short …
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that India's inflation is highly inertial and persistent. Due to second-round effects, the gap between headline inflation …Indian food and fuel inflation has remained high for several years, and second-round effects on core inflation are … model of the Indian economy, which incorporates pass-through from headline inflation to core inflation. The results indicate …
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