SINGAPORE -- Inflation is catching up to Southeast Asia, fueling speculation that rapidly increasing prices of food, energy and services could force the region's central banks to raise interest rates sooner than expected.
Central banks feel pressure to contain surging prices
A supermarket in Singapore. Rising food and energy prices are expected to weigh heavily on Southeast Asian households. © Reuters
SINGAPORE -- Inflation is catching up to Southeast Asia, fueling speculation that rapidly increasing prices of food, energy and services could force the region's central banks to raise interest rates sooner than expected.