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Asia Sentinel
Is Inflation Returning to Asia?

Is Inflation Returning to Asia?

Our Correspondent
Oct 08, 2007
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Asia Sentinel
Asia Sentinel
Is Inflation Returning to Asia?
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The specter of inflation is haunting Asia. Just ask Singapore, normally viewed as the least inflation-prone country in the region. Despite a strong currency, deflationary fiscal policies and the absence of independent trade unions to push up wages, Singapore is now seeing its highest inflation rate since the mid-1990s. The other city state, Hong Kong, i…

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