Lemaire, Thibault; Vertier, Paul - 2023
Global commodity prices spikes can have strong macroeconomic effects, par- ticularly in developing countries. This … paper estimates the global commodity prices pass-through to consumer price inflation in Africa. Our sample includes monthly … data for 48 countries over the period 2002m02-2021m04. We consider 17 commodity prices separately to take into account both …