Is inflation set to peak for emerging markets?

As the global recession has forced emerging markets under pressure, investors are curious to see the arrival of ‘peak inflation’. However, concerns remain that emerging market assets need to brace for an upcoming, yet unpredictable, inflation peak. In this piece, David Rees, Senior Emerging Markets Economist at Schroders, explores the position of emerging markets within the current inflationary period, and assesses how high prices can get.