Inflation debate hits emerging markets as Pimco backs economic rebound

Investors are about to get a snapshot of any price pressures building across the developing world -- the fallout of the unprecedented stimulus that’s been unleashed to revive the global economy.
 

Heavyweights including Brazil, China and India will report inflation data this week against a backdrop of quickening growth that’s being fueled by months of easy money and fiscal largess. Citigroup Inc.’s inflation-surprise index for emerging markets spiked last month to its highest since 2008, a sign that investors may be underestimating the scale of the resurgence.

Long the scourge of debt holders and a threat