IMF warns of 'stagflationary' risks in Asia

Updated: Apr 26, 2022, 11:02 AM(IST) WION Video Team

A spike in commodity costs and slowdown in China has created significant uncertainty around the world and as a result Asian region are facing a 'stagflationary' risks. While Asia's trade and financial exposures to Russia and Ukraine are limited, the warning released by senior partners said region's economies will be affected by the crisis through higher commodity prices.

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