December 23, 2021/CSL Research According to the selected food price watch data for November 2021 released by the National Bureau of Statistics (NBS), major consumer staples showed significant increases year on year and monthly. On m/m basis, save for Plantain, all food items rose considerably. This was reflected in the […]
OPINION/EDITORIAL
Tight Crude Inventories Push Oil Prices Back To Mid-$70s
December 23, 2021/OilPrice.com Oil prices have risen back to the mid-$70s this week as a result of tighter U.S. crude inventories and a force majeure on Libyan crude oil exports. Friday, December 23rd, 2021 The interdependence of oil prices and Omicron news updates has subsided somewhat this week as the […]
Higher Shipping Costs May Lift Asia’s Low Inflation
(PHOTO: TRAVEL MAN/ADOBE STOCK) December 22, 2021/IMFBlog By Yan Carrière-Swallow , Pragyan Deb and Daniel Jiménez New analysis shows how increases in shipping rates have a persistent impact on consumer prices. As the world economy recovers from the pandemic, inflation is mounting in advanced and emerging economies. Pent-up demand fueled by stimulus and pandemic disruptions is helping accelerate inflation, […]
