This article contributes to the existing empirical literature by examining the spillovers across price inflation and … prices and inflation. Further empirical findings shows that inflation, sorghum, soybeans, and wheat were net receivers while … cocoa, barley, groundnut, maize, rice were net givers. We find a negative net spillover for price inflation, implying a net …

useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this …

useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this …

contribution of fluctuations in inflation to this particular link. In the data, a temporary rise in inflation causes real commodity … prices to rise, as does a rise in trend inflation. We find that a simple dynamic equilibrium model of commodity supply and … demand gives a realistic response of real commodity prices to inflation. Based on historical simulations, shocks to inflation …

useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this …