Is inflation (still) a global phenomenon? We study the international co-movement of inflation based on a dynamic factor … explains approximately 58% of the variation in headline inflation across all countries and over 72% in OECD economies. The … explanatory power of global inflation is equally high in a shorter sample spanning the time since 2000. Core inflation is also …

determine whether the underlying causes of inflation have changed following significant structural, political and institutional … changes. From a macroeconomic perspective, the empirical results show that the long-run causes of inflation in South Africa … have changed from a demand-pull inflation over the period 1973-1983, to a cost-push cause (import prices and wage rate …

analyze China’s role in global inflation dynamics. We identify Chinese supply and demand shocks and examine their … to be more strongly affected than consumer prices by Chinese shocks. The overall share of international inflation … exposure help explaining crosscountry differences in price responses. -- Global inflation ; China ; international business …