Economy may face future inflation risk – Bank of Thailand
Thailand’s economic recovery is intact but inflation risks could weigh on the country’s growth outlook, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Wednesday.
There was upside inflation risk brought on by the El Nino weather pattern pushing up food prices, plus higher oil prices, the central bank chief told a business forum.
Higher wages and government policies would also contribute to future inflation, Mr Sethaput said. His remarks come as the new government seeks to revive the sluggish economy with stimulus plans to boost consumer spending.
Bangkok Post Reporter
