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Thread: Global economies face rising inflation pressure
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[quote=APAULT,258788]You might be reporting what you read but those figures are totally misleading. They are not the figures for October, but for the 12 months to October, which is very different. I saw this inaccuracy on CCTV recently too. The inflation is almost inevitable with so many world economies booming... demand outstrips supply. Sure, market theory says suppliers will increase production because of the extra profits being made, but it takes time. In Australia mines have increased production put the ports cannot handle it and it takes quite a while to increase port capacity. So governments worldwide are right to be slowing down the rapidly developing economies. (Of course this is just one inflation driver, there are others) [/quote]
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