This paper provides a full characterization of inflation rate forecasts using the mean values from Consensus Economics … for a sample of 14 Latin American countries between 1989 and 2014. It also assesses the performance of inflation rate … forecasts around business cycles' turning points. Results show that inflation forecasts in the region display the standard …

We explore the ability of core inflation to predict headline CPI annual inflation for a sample of 8 developing … sample of developing countries are currently implementing or given steps toward the future implementation of inflation … targeting regimes, which are heavily based on long run inflation forecasts …

The main aim of this paper is to provide forecast intervals for inflation and unemployment rate in Romania, bringing …

-Wouters model and its forecasts of real GDP growth and inflation are compared with those from two extensions. The first adds … extensions improve the density forecasts of real GDP and inflation and their joint forecasts up to an eight-quarter horizon. We … find that adding financial frictions leads to a deterioration in the forecasts, with the exception of longer-term inflation …

application forecasting US inflation, we find important discrepancies between individual predictor relevance according to the in …

for future inflation for the cross section of New EU Member States. This paper provides stylized facts on monetary versus … non-monetary (economic and fiscal) determinants of inflation in these countries as well as formal econometric evidence on … predicting inflation at longer (3-year) horizons. -- Inflation forecasting ; leading indicators ; monetary policy ; information …

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

In this paper we apply a dynamic factor model to generate out of sample forecasts for the inflation rate in Mexico. We … disaggregated data to forecast inflation. Our data set contains 54 macroeconomic series and 243 CPI subcomponents from 1988 to 2008 … key variables in the economy such as output growth and inflation. -- Factor models ; Inflation forecasting ; Disaggregate …

Since the adoption of inflation targeting, the seasonal appears to be the component that explains the major part of … inflation’s total variation in Mexico. In this context, we study the performance of seasonal time series models to forecast … short-run inflation. Using multi-horizon evaluation techniques, we examine the real-time forecasting performance of four …