Archive for April 23rd, 2008

Daily Archive
Wednesday, April 23rd, 2008

Absorbing bad news in waves

By Cees Bruggemans
This is turning out to be a trying month for most emerging markets.
With relative low per capita incomes, their inflation baskets are heavily weighted with food and oil costs.
This has made emerging-market inflation rise much faster than developed-country inflation in response to rapidly increasing commodity prices, moving in most instances well […]

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