Price Spikes In Asia Mean the Whole World Is Now Dealing With Inflation

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English - April 16, 2022 13:15 - 6 minutes - 12.3 MB - ★★★★ - 63 ratings
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The world is now facing a synchronized inflation outbreak as food and energy prices surge in Asia, a shift from just a few months ago when the region appeared to avoid the price fever gripping the U.S. and parts of Europe.

Inflation readings across the region — China, India, Indonesia, Philippines, Thailand and South Korea -- recently rose more than forecast, while New Zealand on Wednesday hiked rates by the most in 22 years over price worries.