01671cas a2200241 a 4500 AALejournalIMF000477 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451856507 1018-5941 BD-DhAAL BD-DhAAL Ubide, Angel. Determinants of Inflation in Mozambique / Angel Ubide. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Mozambique's inflation rate was consistently high until 1995, and then plunged in 1996 to 17 percent from 70 percent in 1994. This paper suggests that Mozambique's inflation pattern is a combination of a 'fundamental' trend set by economic policies, seasonal behavior that follows closely that of agriculture, and a collection of irregular events that corresponds mainly to agroclimatic conditions. The empirical results show that the marked tightening of monetary policy in 1996 was the ultimate reason for the control of inflation in 1996, and hence seems to correspond to a change in the 'fundamental' trend of inflation that may have long-lasting effects. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1997/145 Full text available on IMF http://elibrary.imf.org/view/journals/001/1997/145/001.1997.issue-145-en.xml IMF e-Library