Govt revises 2020 inflation prediction downwards

The Commerce Ministry has revised its projection for 2020 inflation downwards despite an upward trend as the lockdown is lifted.

Pimchanok Vonkorpon, director-general of the ministry’s Trade Policy and Strategy Office, said that while inflation fell 1.57 per cent year on year in June, it had risen 1.56 per cent in May. Monthly inflation in the first half of 2020 fell by an average 1.13 per cent, she added.

Keep reading…

The Nation Reporter