Far from being something bad, low inflation did not hurt any­one and seemed to have been the natural order of things. That is not to say a period of low inflation does not cause some potential headaches. In this unusual period of extreme stresses, the global economy was not able to settle down to any kind of “new norm”. In other words, as the global ­economy normalises, inflation could well return. Third, a rise in global inflation together with weaker currencies in Asia would raise inflation ­within the region as well.

Source: The Edge Markets August 01, 2017 03:33 UTC