Asia is not feeling the same price pressures as the West
A stronger dollar could change that
INFLATION HAS shot to multi-decade highs in much of the rich world during the past year, with the effect of supply constraints, covid restrictions and a burgeoning economic recovery all helping to drive consumer prices higher. In Asia, however, pressure on prices is much weaker. Why?
This article appeared in the Finance & economics section of the print edition under the headline “Rice restraint”
Finance & economics February 12th 2022
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From the February 12th 2022 edition
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