Tags : Inflation

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Inflation in steady rise for 15 consecutive months

Inflation has continued to rise 15 months in a row to an average of 1.14 per cent for the first nine months of this year, said Ms Pimchanok Wornkhorporn, director of Trade Policy and Strategy Office of the Commerce Ministry. The inflation rate for September represented an increase of 0.29 percent compared to the same […]Read More

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Inflation expected between 1.5 – 2 percent in 2017

BANGKOK, 4 January 2017 (NNT) – Rising oil prices in the last quarter of 2016 contributed to the baht’s inflation last year to reach an annualized 0.19 percent. Inflation this year has been forecast in the range of 1.5 – 2.0 percent. Director of the Trade Police and Strategy Office Pimchanok Vonkhorporn revealed that December’s […]Read More

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Thailand’s inflation in April hits 12-month high

BANGKOK, 1 May 2014 (NNT) – The Ministry of Commerce revealed that Thailand’s inflation rate spiked in April due to rising costs of food and energy. The ministry said the country’s consumer price index (CPI) rose by 2.45 percent in April 2014 compared to the same month of last year and had reached a new […]Read More

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Thai Economy Threatened by Inflation, Says World Bank Official

A World Bank economist in Thailand is warning even if tensions ease in the Middle East, oil prices will remain high due to high demand from China, India and other industrialized countries. High oil and commodity prices are contributing to inflation, which is now seen as a key concern in Thailand and throughout the region. […]Read More

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Bank of Thailand signaling interest rates hike

BANGKOK, 29 March 2011 (NNT) – The Bank of Thailand (BoT) would gradually increase interest rates in a bid to control the current inflation within the kingdom, according to BoT Governor Dr Prasarn Trairatvorakul. Dr Prasarn stated that the government in the last 1-2 years was very concerned over national economic recovery due to the […]Read More

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Thai central bank raises policy interest rate 0.25% to curb

BANGKOK, March 9 – The Bank of Thailand (BoT) on Wednesday raised the policy interest rate by 0.25 per cent from 2.25 to 2.50 per cent, effective immediately, Paiboon Kittisrikangwan, BoT assistant governor said. The surge in oil and commodity prices has resulted in increased inflationary pressure, so the monetary policy committee (MPC) acted to […]Read More

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Thai Annual Inflation Accelerates In December

(RTTNews) – Thailand’s consumer price annual inflation stood at 3.5% in December, up from November’s 1.9%, the Commerce Ministry reported Monday. Headline inflation in Southeast Asia’s second-largest economy turned positive in November after nine months of deflation. However, the annual rate stayed below the consensus forecast of 3.7%. Core annual inflation was 0.2% in December […]Read More