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Global inflation pressures rising

Posted on 02 March 2011

From Ctv.ca: Higher prices for oil, metals and other commodities are pushing up prices for manufacturers, but companies are so far absorbing the costs for fear of driving away customers with price hikes.

That dynamic underscores questions that have been at the forefront for more than a week: how long oil prices will stay elevated because of the wave of uprisings across the Middle East and North Africa, how much they might soar if the situation worsens or the unrest spreads to a major supplier such as Saudi Arabia, and whether they will start being passed through to other consumer prices…………………………………….Full Article: Source

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