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Predicting inflation: food for thought

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Author Info

  • William T. Gavin
  • Rachel J. Mandal

Abstract

Because food prices are no longer volatile, it makes little sense to exclude them anymore from calculations to determine core inflation.

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Bibliographic Info

Article provided by Federal Reserve Bank of St. Louis in its journal The Regional Economist.

Volume (Year): (2002)
Issue (Month): Jan. ()
Pages: 4-9

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Handle: RePEc:fip:fedlre:y:2002:i:jan.:p:4-9

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Related research

Keywords: Food prices ; Futures;

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Cited by:
  1. Frank Browne & David Cronin, 2009. "Una perspectiva monetaria de la relación entre los precios de productos básicos y los precios al consumidor," Monetaria, Centro de Estudios Monetarios Latinoamericanos, vol. 0(2), pages 271-296, abril-jun.
  2. Jim Lee, 2009. "Food and Energy Prices in Core Inflation," Economics Bulletin, AccessEcon, vol. 29(2), pages 847-860.
  3. Eduardo Morales Ramos, 2009. "La evolución de la pobreza difusa multidimensional en México, 1994-2006," Monetaria, Centro de Estudios Monetarios Latinoamericanos, vol. 0(2), pages 209-270, abril-jun.
  4. Tito Nícias Teixeira da Silva Filho & Francisco Marcos Rodrigues Figueiredo, 2011. "Has Core Inflation Been Doing a Good Job in Brazil?," Revista Brasileira de Economia, FGV/EPGE Escola Brasileira de Economia e Finanças, Getulio Vargas Foundation (Brazil), vol. 65(2), pages 207-233, June.
  5. Browne, Frank & Cronin, David, 2008. "A Monetary Perspective on the Relationship between Commodity and Consumer Prices," Quarterly Bulletin Articles, Central Bank of Ireland, pages 77-90, February.
  6. Michael Pedersen, 2009. "Un indicador líder compuesto para la actividad económica en Chile," Monetaria, Centro de Estudios Monetarios Latinoamericanos, vol. 0(2), pages 181-208, abril-jun.
  7. Laura D’Amato & Lorena Garegnani & Emilio Fernando Blanco, 2009. "Pronóstico de inflación en Argentina: ¿modelos individuales o pooling de pronósticos?," Monetaria, Centro de Estudios Monetarios Latinoamericanos, vol. 0(2), pages 151-179, abril-jun.

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