News

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 ...

Bangkok Post Reporter

Headline inflation posts 0.02% decline in August

Headline inflation in August contracted 0.02% year-on-year, the first drop in five months, after the decline of fresh food prices and the government’s launch of stimulus measures to ease the cost of living during the pandemic, says Wuttipong Jittungsakul, deputy spokesperson of the Fiscal Policy ...

Wichit Chantanusornsiri

BoT: Inflation to hover around lower band of target by year-end

The Bank of Thailand said on Tuesday that headline inflation should decline and hover around the lower band of its target range of 1%-3% by the end of the year.A jump in inflation in the second quarter was deemed as temporary due to the low ...

CPI sinks for 11th month in January

The consumer price index (CPI), a gauge of headline inflation, fell 0.34% year-on-year last month, marking the 11th straight monthly decline since March 2020.According to Pimchanok Pitfield, director-general of the Trade Policy and Strategy Office, major contributions came from low energy prices (down 4.82%) from ...

Phusadee Arunmas

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 ...

The Nation Reporter

Agency sees -1% inflation

Thailand’s inflation rate may be as low as -1% this year as the escalating spread of Covid-19 has weakened overall domestic demand.Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, the planning unit of the Commerce Ministry, said a -1% inflation rate would be ...

Phusadee Arunmas

January inflation highest in last eight months

The consumer price index representing the cost of inflation stood at 102.78 points in January, 1.05 per cent more than in December and the highest in eight months, Pimchanok Wonkorporn, director of the Trade Policy and Strategy Office, reported this week.She attributed the increase to ...

The Nation Reporter

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