KUALA LUMPUR: Moody's Investors Service (Moody's) is expecting inflation to remain elevated through 2021 in most major economies, and to subside next year.
In its Sector-In-Depth note titled 'Macroeconomics - Global: FAQ on Our Outlook for Global Inflation and Interest Rates', Moody's said in 2022, the base effects will reverse and the impact of price increases amid reopening pressures will fade.
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