Inflation will pressure domestic-focused corporates, says BNP Paribas’ McAdie

Profile: Robert McAdie

Robert McAdie: rate rise risk for Eurozone countries

In developed markets, it was sovereign and banking concerns that most troubled investors in 2010. Some economists even predicted deflation was a possible outcome, arguing that the usual spurs to growth and job creation were sorely lacking.

Sentiment has changed quickly in 2011, however. Headline inflation in the Eurozone reached 2.4% in February, its highest level for 28 months. In the UK, inflation reached 4% that same month, rising to 4.4% in March; while in the US inflation was 2.1% in

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