New Study Examines How Global Shocks Impact Country-Level Food Prices
May 20, 2025
May 20, 2025
WASHINGTON, May 20 (TNSLrpt) -- A new working paper from the Inter-American Development Bank (IDB) provides an in-depth analysis of how international shocks, particularly those related to agricultural commodities, fertilizers, and oil, transmit to domestic inflation. The study, "International versus Domestic Shocks and Pass-through to Country Prices: A Heterogeneous VAR Approach" (IDB-WP-1649), found that fertilizer price shocks significantly influence crop prices, especially maize and . . .