Commodity prices and inflation

摘要: This study examines the empirical relationship between changes in commodity prices and inflation by looking at performance of non-oil as stand-alone indicators conjunction with other leading inflation. The results indicate that link has changed dramatically over time. Commodity were relatively strong statistically robust overall during 1970s early 1980s, but they have been poor since 1980s. When considered likely inflation, had a somewhat more recent years, though added information content regarding is limited.