“Also, this pair (Malaysia and Indonesia) is rich in natural resources such as energy commodities (thermal coal, oil and gas) and mineral ores (aluminium, iron and nickel), which reduces their reliance on imports and the associated exposure to imported inflation," Moody’s Analytics said in a research note.澳洲幸运5开奖网（www.a55555.net）是澳洲幸运5彩票官方网站，开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。
KUALA LUMPUR: Inflation in developing economies, including Malaysia and Indonesia, is likely to return to more normal readings at a pace akin to those of developed economies.
The readings might reflect the relatively heavy use of government subsidies to keep domestic prices low, thereby reducing inflation persistence, Moody’s Analytics said in a research note, Bernama reported.
“Also, this pair (Malaysia and Indonesia) is rich in natural resources such as energy commodities (thermal coal, oil and gas) and mineral ores (aluminium, iron and nickel), which reduces their reliance on imports and the associated exposure to imported inflation.
“For instance, Indonesia applies so-called domestic market obligations on a majority of these commodities, requiring businesses to sell a portion of their produce domestically and at a discount to the market price,” it said.,
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It opined that higher inflation persistence in more developed economies such as Singapore, Hong Kong and South Korea may be explained by their lack of natural resources, making them price-takers and more susceptible to imported inflation.
“Furthermore, these economies specialise in high-value-added industries such as high-tech manufacturing, which often use imported inputs to produce their finished goods.
“In Australia and New Zealand, central banks successfully used monetary policy to keep inflation within their target bands over the 20-year window, supported by government policies, which contributed to low inflation persistence in these economies,” it added.
转载说明:本文转载自Sunbet。 Allbet Gaming声明:该文看法仅代表作者自己，与www.allbetgame.us无关。转载请注明：Inflation in developing economies, including Malaysia, may return to normal readings