Asia is growing fast, but risks drowning in inflation. Figures released on Tuesday showed that India grew by 8.2 per cent in the third quarter, while its budget, unveiled this week, predicted growth rising to 9 per cent in 2012 against a background of sharply rising prices. China is growing quickly too, while labour shortages have sparked sharp gains in worker compensation. Politicians shrug off spikes in oil and food costs as temporary, but prices are rising at their fastest pace since the inflation explosion of 2008, and threaten a wage-price spiral. Without action, the hit from inflation will cut short Asia’s impressive recovery.
亚洲manbetx20客户端下载 正快速增长,但有可能溺毙于通胀之中。周二发布的数据显示,去年第四季度印度manbetx20客户端下载 增长8.2%,而本周公布的政府预算预测,在物价急剧上涨的背景下,2012年印度manbetx20客户端下载 增幅将升至9%。manbetx3.0 manbetx20客户端下载 也增长迅猛,而劳动力短缺已推动工人薪酬大幅上涨。政府官员们认为油价和食品价格飙升只是暂时现象,不必多虑,但目前物价正以2008年通胀爆发以来的最快速度上涨,并有可能触发新一轮“工资-价格螺旋上升”。若不采取行动,通胀的冲击将终结亚洲令人赞叹的复苏。