Jan 06, 2011
5:45:00 PM
| Last Updated
EXECUTIVE SUMMARY
Improving fundamentals are leading to strong recoveries in Asian private consumption and investment, boosting industrial activity, imports and credit growth. Along with Asian demand, global commodity prices are benefiting commodity exporters like Malaysia and Australia. Elevated commodity prices, together with rising food prices, stand to boost headline and core prices in Asia in the coming months. The inflation genie might get out of the bottle if central banks remain behind the curve in hiking policy rates, allowing currency appreciation and implementing more[...]
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