Inflation forecast revised
The Commerce Ministry has revised its annual headline inflation forecast to a range of 0.8% to 1.2% (with an average of 1%), narrowing from 0.7% to 1.7% (with an average of 1.2%) earlier.
The latest projection is based on expected economic growth of 0.7-1.2%, with Dubai crude oil prices averaging US$65-70 per barrel, and an exchange rate of 31.5-32.5 baht per US dollar.
Bangkok Post Reporter
