{"id":459492,"date":"2010-03-22T17:08:54","date_gmt":"2010-03-22T21:08:54","guid":{"rendered":"http:\/\/www.businessinsider.com\/dont-look-now-but-asian-inflation-is-really-gathering-steam-2010-3"},"modified":"2010-03-22T17:08:54","modified_gmt":"2010-03-22T21:08:54","slug":"dont-look-now-but-asian-inflation-is-really-gathering-steam","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/459492","title":{"rendered":"Don&#8217;t Look Now, But Asian Inflation Is Really Gathering Steam"},"content":{"rendered":"<p>It&#8217;s hard to see Asian central banks not having to clamp down on cheap money sooner rather than later.<\/p>\n<p><a href=\"http:\/\/www.waverlyadvisors.com\/\">From Waverly Advisors<\/a>:<\/p>\n<p style=\"padding-left: 30px;\">February CPI data released this morning showed that prices jumped by a full percentage <br \/>point for the month in Hong Kong over the holiday month, more than anticipated.&nbsp; On a <br \/>year-over-year basis Consumer Prices registered at 2.8%&nbsp; vs. consensus 2.1%.&nbsp;&nbsp; meanwhile <br \/>aggregate food prices increased by 2.5% Y\/Y during the month.&nbsp; Although Lunar New <br \/>Year has distorted the picture (as has the end of government stimulus programs, such as <br \/>rebates on utilities, which helped drive gas and water prices to a level 62.8% over the <br \/>prior year),&nbsp; the arrival of higher than anticipated inflation in HK on the heels of India&#8217;s <br \/>rate announcement has certainly put the specter of inflation back into focus for Asia <br \/>watchers, and this evenings February CPI release in Singapore will be scrutinized.&nbsp; <br \/>Consensus forecasts peg Singapore&#8217;s reading at 1.4% Y\/Y.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"float_left\" src=\"http:\/\/static.businessinsider.com\/image\/4ba7dc0f7f8b9af127bc0000-589-389\/chart.png\" border=\"0\" alt=\"chart\" width=\"589\" height=\"389\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/dont-look-now-but-asian-inflation-is-really-gathering-steam-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/BrwrOWFYJ_Y\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s hard to see Asian central banks not having to clamp down on cheap money sooner rather than later. From Waverly Advisors: February CPI data released this morning showed that prices jumped by a full percentage point for the month in Hong Kong over the holiday month, more than anticipated.&nbsp; On a year-over-year basis Consumer [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-459492","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/459492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=459492"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/459492\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=459492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=459492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=459492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}