Commodity prices seen driving Asian inflation
Tine Olsen of Moody’s economy.com says much of the price growth in Asia is down to higher global commodity prices. She points out that regional central banks will find it hard to control imported inflation via monetary policy.
Higher inflation on the back of rising commodity prices is a worrying trend for central banks in Asia, notes Moody’s economy.com.
Inflation is on the rise in Asian countries such as India, where prices rose by 9.9% in March from a year ago, and Thailand, which saw producer
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