38 days ago • Posted by William Ramstein

Emerging markets hit by rising inflation says Citigroup inflation gauge

Citigroup Inc.’s inflation-surprise index for emerging markets spiked last month to the highest since 2008, a sign investors may be underestimating the scale of the resurgence. Yet there’s a growing sense that the forces behind the recovery will eventually feed through to higher prices if left unchecked. One harbinger may be the rally in commodities, with a key index of raw materials this month jumping to a five-year high. 

Source: Bloomberg

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