Controlling inflationary pressure is a major challenge for policymakers in many Asia-Pacific economies even though these economies remain strong in 2011.
Labour shortages, capacity constraints, along with rising commodity and food prices would push inflation ahead of many central bank comfort ranges, according to David Wyss, Standard & Poor's (S&P) Global Chief Economist, and Dharmakirti Joshi, Chief Economist at CRISIL, a Standard & Poor's company. S&P is a leading global rating company.
Labour shortages, capacity constraints, along with rising commodity and food prices would push inflation ahead of many central bank comfort ranges, according to David Wyss, Standard & Poor's (S&P) Global Chief Economist, and Dharmakirti Joshi, Chief Economist at CRISIL, a Standard & Poor's company. S&P is a leading global rating company.
