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Predicting inflation: food for thought

Author

Listed:
  • 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.

Suggested Citation

  • William T. Gavin & Rachel J. Mandal, 2002. "Predicting inflation: food for thought," The Regional Economist, Federal Reserve Bank of St. Louis, issue Jan., pages 4-9.
  • Handle: RePEc:fip:fedlre:y:2002:i:jan.:p:4-9
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    Cited by:

    1. Eduardo Morales Ramos, 2009. "La evolución de la pobreza difusa multidimensional en México, 1994-2006," Monetaria, CEMLA, vol. 0(2), pages 209-270, abril-jun.
    2. da Silva Filho, Tito Nícias Teixeira & Figueiredo, Francisco Marcos Rodrigues, 2011. "Has Core Inflation Been Doing a Good Job in Brazil?," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 65(2), June.
    3. Michael Pedersen, 2009. "Un indicador líder compuesto para la actividad económica en Chile," Monetaria, CEMLA, vol. 0(2), pages 181-208, abril-jun.
    4. Jim Lee, 2009. "Food and Energy Prices in Core Inflation," Economics Bulletin, AccessEcon, vol. 29(2), pages 847-860.
    5. Frank Browne & David Cronin, 2009. "Una perspectiva monetaria de la relación entre los precios de productos básicos y los precios al consumidor," Monetaria, CEMLA, vol. 0(2), pages 271-296, abril-jun.
    6. Andree,Bo Pieter Johannes, 2021. "Estimating Food Price Inflation from Partial Surveys," Policy Research Working Paper Series 9886, The World Bank.
    7. Laura D’Amato & Lorena Garegnani & Emilio Fernando Blanco, 2009. "Pronóstico de inflación en Argentina: ¿modelos individuales o pooling de pronósticos?," Monetaria, CEMLA, vol. 0(2), pages 151-179, abril-jun.
    8. 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.

    More about this item

    Keywords

    Futures; Food prices;

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