Measures of underlying inflation in Sri Lanka /
During the first half of 2008, Sri Lanka witnessed significantly higher inflation than most other emerging Asian countries. Inflation has since declined amid declining world commodity prices and tight monetary policy. Given the sensitivity to global commodity prices, a core inflation measure could b...
Clasificación: | Libro Electrónico |
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Autores principales: | , |
Autor Corporativo: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2009.
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Colección: | IMF working paper ;
WP/09/167. |
Temas: | |
Acceso en línea: | Texto completo |
Sumario: | During the first half of 2008, Sri Lanka witnessed significantly higher inflation than most other emerging Asian countries. Inflation has since declined amid declining world commodity prices and tight monetary policy. Given the sensitivity to global commodity prices, a core inflation measure could be useful for monetary policy. The purpose of this paper is to compare the performance of Sri Lanka's existing official measure of core inflation against alternative measures. Our findings suggest that the existing measure does contain information about the future path of headline information, but may be inadequate as a communication tool for the Central Bank. |
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Notas: | Title from PDF title page (viewed October 6, 2009). "August 2009." |
Descripción Física: | 1 online resource (22 pages) : color illustrations |
Bibliografía: | Includes bibliographical references. |
ISBN: | 1451917422 9781451917420 1462337600 9781462337606 1452729883 9781452729886 9786612843808 6612843802 128284380X 9781282843806 |
ISSN: | 2227-8885 ; |