Inflation hampers pandemic recovery in Asia

In Asean, the average inflation rate rose to 4.7 per cent in April from 3.1 per cent in December. PHOTO: BLOOMBERG
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BANGKOK - Rising inflation is making the road to recovery from the pandemic a rough one for countries in Asia.

While price rises in the region are relatively moderate compared with those in other parts of the world, persistent inflation will hinder growth and add to issues such as food insecurity and diminishing real wage growth, said analysts.

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