By Anoop Singh
Asia’s vigorous pace of growth has seen the region play a leading role in the global recovery. But, there are also now growing signs of price pressure across the region’s goods and asset markets.
Headline inflation in Asia has accelerated since October 2010, mainly owing to higher commodity prices. There are, of course, variations in how much this has affected inflation across Asia, partly reflecting differences in the shares of food and energy items in expenditures.
But there are signs that higher commodity prices are spilling over to a more generalized increase in inflation. (more…)
Filed under: Asia, Economic outlook, IMF, International Monetary Fund | Tagged: asset price bubbles, capital inflows, commodity prices, currency appreciation, economic rebalancing, fiscal consolidation, global recovery, headline inflation, inclusive growth, inflationary pressures, investment, macroeconomic policy, macroprudential policies, monetary tightening, overheating, property prices, social protection | 5 Comments »