“If oil prices continue to rise and producer costs rise, it is inevitable that this will eventually come to the price of retail commodities,” Changyong Rhee, the IMF’s Asia-Pacific director, said in a Bloomberg TV interview. “At that stage, Asia can continue exporting inflation to the world, but it is not at that stage yet.”

This post Asia could fuel world prices if costs continue to rise, says IMF’s Rhee

was original published at “https://www.bloombergquint.com/markets/asia-may-fuel-world-prices-if-costs-keep-rising-imf-s-rhee-says”