India ETFs In Focus As Inflation Fears Mount
June 30, 2010 at 03:00 AM EDT
With the advanced economies of the world struggling with rising debt burdens, rising unemployment, and slumping consumer confidence, more and more growth-minded investors have turned their attention to emerging markets in recent years. Thanks to ongoing urbanization and relatively small debt burdens, developing economies have managed to generate positive GDP growth in an environment that has crippled advanced markets. China receives much of the attention, but the rapidly-expanding Indian market has been a welcome addition to many investor portfolios as well over the last year. Now India’s economy is faced with an interesting dilemma. Inflation rates have been steadily on the rise; in May alone India’s wholesale price index, the primary inflation gauge for the country, was up a shocking 10.2%. Food prices in particular have seen a spike, which some predict will not end until the close of the summer. The spike in food prices is due in part [...] Click here to read the original article on ETFdb.com. Related Stories: India ETFs Ride Election Results Higher India ETFs Jump On U.S. Nuclear Deals India ETFs: Full Steam Ahead or Due For a Correction?
