This paper forecasts inflation in Sudan following two methodologies: the Autoregressive Moving Average (ARMA) model and by looking at the leading indicators of inflation. The estimated ARMA model remarkably tracks the actual inflation during the sample period. The Granger causality test suggests that private sector credit and world wheat prices are the leading indicators explaining inflation in Sudan. Inflation forecasts based on both approaches suggest that inflationary pressures for 2009 and 2010 will be modest and that inflation will remain in single-digits, assuming that prudent macroeconomic policies are maintained.
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
|
paperback
else
|
epub
else
|
mobi
else
|
English |
|
|
|
Prices in red indicate formats that are not yet available but are forthcoming.