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Economists flag headwinds ahead for 'Goldilocks' economy

World oil prices have surged more than 70 per cent over the past year - from about US$50 per barrel in May last year to US$80 per barrel now - on the back of rising demand coupled with supply restrictions by the Organization of the Petroleum Exporting Countries (Opec).


THE global economy has been enjoying a "Goldilocks" combination of robust growth and low inflation - but this "not too hot, not too cold" situation might not last for much longer.

Economists at a roundtable flagged key risks on the horizon...

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