Tuesday, June 26, 2007

IMF economist: World growth stronger, inflation risk

(Reuters) - Inflationary dangers pose the greatest risk to the rosy world outlook. But so far rapid gains in commodity prices, now spreading from metals and energy to food and agricultural products, have not pushed up consumer prices broadly, Simon Johnson said at a news briefing.




"There are real inflationary pressures when you run a world economy this fast," Johnson said at a briefing where he forecast global growth of around 5 percent this year.


Read more at Reuters.com Business News

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