Reported about 18 hours ago
The Bank of Thailand remains confident in its low inflation outlook, rejecting calls for measures to increase inflation levels. Assistant Governor Sakkapop Panyanukul stated that low price growth does not hinder economic recovery and suggested that setting an inflation target of 2% could be inappropriate due to external influences on prices. With consumer prices expected to average around 1% in 2025, the central bank emphasizes the need for flexible monetary policy amidst rising global uncertainties.
Source: YAHOO