Abstract Inflation expectations and the associated pass-through of oil price shocks depend on demand supply conditions underlying global market. We establish this result using a structural VAR model market that jointly identifies transmissions through real prices to both expected actual inflation. demonstrate economic activity have significantly longer-lasting effect inflation than other types ...

This paper focuses on the pass-through of exchange rate fluctuations into prices of final goods and services, and examines whether contrasting pass-through rates are associated with regionaland/or product-specific characteristics. Using CPI microdata, we estimate industry-specific rates of pass-through across regions in Mexico. By looking at within country price responses, this study alleviates...