Financial and Monetary Systems

Higher shipping costs may lift Asia’s low inflation

Jan 5, 2022

Shipping boat travelling across the ocean.

The persistent impact of high shipping costs could see inflation rise in Asia. Image: Unsplash/Chris Pagan

Yan Carrière-Swallow

Pragyan Deb

Economist, IMF

Daniel Jiménez

Research Analyst, IMF

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a chart showing the reasons behind mild inflation in Asia compared to other regions

Inflation in Asia is mild compared to other regions. Image: IMF

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