03566oam 22008294 450 991016292350332120230808201429.01-4755-6826-6(CKB)3710000001045069(MiAaPQ)EBC4800292(IMF)WPIEA2016247(EXLCZ)99371000000104506920020129d2016 uf 0engurcnu||||||||rdacontentrdamediardacarrierFood Inflation in Sub-Saharan Africa : Causes and Policy Implications /Emre Alper, Niko Hobdari, Ali UppalWashington, D.C. :International Monetary Fund,2016.1 online resource (41 pages) illustrations (some color), graphs, tablesIMF Working Papers1-4755-6311-6 Includes bibliographical references.This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persistent as non-food non-fuel (NF/NF) inflation, especially in low-income countries (LICs) in SSA. We find evidence that food inflation became less persistent from 2009 onwards, related to recent improvements in monetary policy frameworks. We also find that high food prices are driven mainly by non-tradable food in SSA and there is incomplete pass-through from world food and fuel prices and exchange rates to domestic food prices. Taken together, these finding suggest that central banks in low-income countries with high and persistent food inflation should continue to pay attention to headline inflation to anchor inflation expectations. Other policy levers include reducing tariffs and improving storage and transport infrastructure to reduce food pressures.IMF Working Papers; Working Paper ;No. 2016/247Inflation (Finance)Africa, Sub-SaharanFood pricesForeign ExchangeimfInflationimfMacroeconomicsimfPrice LevelimfDeflationimfCentral Banks and Their PoliciesimfTrade: OtherimfAgriculture: Aggregate Supply and Demand AnalysisimfPricesimfCommodity MarketsimfCurrencyimfForeign exchangeimfFood pricesimfInflation persistenceimfExchange ratesimfCommodity price shocksimfChina, People's Republic ofimfInflation (Finance)Food prices.Foreign ExchangeInflationMacroeconomicsPrice LevelDeflationCentral Banks and Their PoliciesTrade: OtherAgriculture: Aggregate Supply and Demand AnalysisPricesCommodity MarketsCurrencyForeign exchangeFood pricesInflation persistenceExchange ratesCommodity price shocks332.414Alper Emre1435289Hobdari Niko1133488Uppal Ali1449384DcWaIMFBOOK9910162923503321Food Inflation in Sub-Saharan Africa3647628UNINA