LEADER 03706oam 22008894 450 001 9910162923503321 005 20250426110755.0 010 $a9781475568240 010 $a147556824X 010 $a9781475568264 010 $a1475568266 035 $a(CKB)3710000001045069 035 $a(MiAaPQ)EBC4800292 035 $a(IMF)WPIEA2016247 035 $aWPIEA2016247 035 $a(EXLCZ)993710000001045069 100 $a20020129d2016 uf 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aFood Inflation in Sub-Saharan Africa : $eCauses and Policy Implications /$fEmre Alper, Niko Hobdari, Ali Uppal 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2016. 215 $a1 online resource (41 pages) $cillustrations (some color), graphs, tables 225 1 $aIMF Working Papers 311 08$a9781475563115 311 08$a1475563116 320 $aIncludes bibliographical references. 330 3 $aThis paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persistent as non-food non-fuel (NF/NF) inflation, especially in low-income countries (LICs) in SSA. We find evidence that food inflation became less persistent from 2009 onwards, related to recent improvements in monetary policy frameworks. We also find that high food prices are driven mainly by non-tradable food in SSA and there is incomplete pass-through from world food and fuel prices and exchange rates to domestic food prices. Taken together, these finding suggest that central banks in low-income countries with high and persistent food inflation should continue to pay attention to headline inflation to anchor inflation expectations. Other policy levers include reducing tariffs and improving storage and transport infrastructure to reduce food pressures. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2016/247 606 $aInflation (Finance)$zAfrica, Sub-Saharan 606 $aFood prices 606 $aForeign Exchange$2imf 606 $aInflation$2imf 606 $aMacroeconomics$2imf 606 $aPrice Level$2imf 606 $aDeflation$2imf 606 $aCentral Banks and Their Policies$2imf 606 $aTrade: Other$2imf 606 $aAgriculture: Aggregate Supply and Demand Analysis$2imf 606 $aPrices$2imf 606 $aCommodity Markets$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aFood prices$2imf 606 $aInflation persistence$2imf 606 $aExchange rates$2imf 606 $aCommodity price shocks$2imf 607 $aChina, People's Republic of$2imf 615 0$aInflation (Finance) 615 0$aFood prices. 615 7$aForeign Exchange 615 7$aInflation 615 7$aMacroeconomics 615 7$aPrice Level 615 7$aDeflation 615 7$aCentral Banks and Their Policies 615 7$aTrade: Other 615 7$aAgriculture: Aggregate Supply and Demand Analysis 615 7$aPrices 615 7$aCommodity Markets 615 7$aCurrency 615 7$aForeign exchange 615 7$aFood prices 615 7$aInflation persistence 615 7$aExchange rates 615 7$aCommodity price shocks 676 $a332.414 700 $aAlper$b C. Emre$01881735 701 $aHobdari$b Niko$01133488 701 $aUppal$b Ali$01449384 801 0$bDcWaIMF 906 $aBOOK 912 $a9910162923503321 996 $aFood Inflation in Sub-Saharan Africa$94496513 997 $aUNINA