Inflation gains keeping Southeast Asia central bankers on edge

A protester holds a placard as they demonstrate in front of a market in Manila on March 15, 2022. — Consumer prices picked up at the fastest pace in three years in the Philippines and moderated only slightly in Thailand in April, complicating central bankers’ efforts to keep post-Covid recoveries on track.

A string of higher inflation readings is rattling even those policy makers who had committed to keeping interest rates low and economic growth goals at the forefront.

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