Reconsidering the Role of Food Prices in Inflation

Reconsidering the Role of Food Prices in Inflation
Food prices are generally excluded from measures of inflation most closely watched by policymakers due either to their transitory nature or their higher volatility. However, in lower income countries, food price inflation is not only more volatile but also on average higher than nonfood inflation. Food inflation is also in many cases more... READ MORE...

Publication date: April 2011
ISBN 9781455227082
$18.00

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