Exchange rate pass-through

Exchange rate pass-through latest publications

June 4, 2018

Turkey | Inflation outlook deteriorated further in May

Consumer prices increased 1.62% (mom) in May, slightly higher than BBVA Research & Consensus estimate of 1.45%. Annual consumer inflation jumped to 12.15% from 10.85% on a broad-based worsening. We expect a limited hike (around 50bps) in the next CBRT meeting on June, 7 to strengthen its recent policy decisions and enhance …

January 31, 2011

Effects of a Free Trade Agreement on the Exchange Rate Pass-Through to Import Prices

This paper investigates the effect of trade liberalization on the exchange rate pass-through to import prices. It employs an empirical estimation of NAFTA, and uses a Ricardian equilibrium model