ANZ: Inflationary pressures in Asia may persist in the coming months

Golden Ten Data reported on April 8 that ANZ Bank research economists stated in a report that despite the temporary ceasefire agreement between the United States and Iran, inflationary pressures in Asia may persist in the coming months. The Middle East conflict has triggered widespread cost shocks, with prices of energy, fertilizers, and shipping all being affected. According to ANZ Bank, for the countries that have released March inflation data so far, there are already signs of partial pass-through, despite policy efforts such as subsidies to cushion the impact. Countries that rely on imported food may experience rising prices more rapidly than other regions, as increasing energy costs drive up transportation expenses.