The latest season of Asian corporate results clearly demonstrated inflation anxiety, with the term “inflation” being used 282 times in transcripts of analyst phone calls made by MSCI Asia Pacific companies during the quarter ended September, according to Bloomberg.
This is the highest use of the term inflation since 2003, beating the previous one record in the first quarter of 2017.
For example, Unilever’s Indian unit is concerned about unprecedented increases in the price of materials prime.
Meanwhile, Australian miner Rio Tinto and Singaporean City Developments have expressed concern over the labor shortage.
Chip makers such as Taiwan Semiconductor Manufacturing and Samsung Electronics have successfully outgrown the highest costs so far.
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