Bloomberg has an interesting article on the rising inflation in emerging economies ….
Central banks from Beijing to Bangkok are losing their bets that a global slowdown would temper price increases. While export demand from the U.S. and Europe may have eased, it has been replaced by rising domestic consumption that has helped push inflation rates [...]
Archive for June 2nd, 2008
Emerging Markets Inflation Trap
Posted in Business on June 2, 2008 | Leave a Comment »