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increases and decreases in global energy and food prices, exchange rates, and money supply which cause inflation/deflation from … significantly. Meanwhile, the increase in global food prices causes inflation in the short run. The exchange rate has the most … significant effect on the CPI. Depreciation of the rupiah significantly increases the CPI, which means it causes inflation, while …
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This paper analyses the determinants of short-term inflation expectations based on surveys of professionals, using … dynamic cross-country panel estimation for a large number of 34 OECD economies. We find that food consumer price inflation and … depreciations of the domestic exchange rate have significant positive effects on professionals' survey-based inflation expectations …
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This paper studies exchange rate pass-through to food and energy consumer price inflation and its dependence on the … inflation environment using cross-country panel estimation of Phillips curves. It considers a large panel of OECD member and … inflation and also significant for food CPI inflation. A 10% depreciation in the exchange rate leads to an increase in energy …
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