Michael Spencer, chief economist and head of global markets research, Asia Pacific at Deutsche Bank tells CNBC-TV18 that tensions in West Asia have pushed crude oil prices to elevated levels.
He says inflation is more of a concern right now than growth. A significant supply shock in food is likely to see food prices rise even further.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
