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Thursday, January 6, 2011

Food inflation threat moves to top of Asia policy

Reuters, 6 Jan 2011(Reuters) - Record high food prices are moving to the top of the agenda for many Asian policymakers as the prospect of higher inflation in 2011 poses a major threat to the region's strong revival from the global financial crisis.Food inflation in many Asian countries, including China and India, is already in double digits, raising fears that the price pressures could spread