Date Published:
Jun 01, 1995
Focus Area(s):
DRN 1995 Vol. XIII No. 5-c

While the country has been able to bring down inflation to single digit, recent developments seem to threaten the inflation target. A short-term forecasting model for inflation is estimated through the incorporation of cost-push and demand-pull factors. Simulation results indicate the need to minimize the increase in petroleum product prices if the inflationary impact is to be minimized.

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