Thai Inflation Remains Below Target for Fifth Month

Reported 19 days ago

Thailand's inflation rate continued to fall short of the central bank's target for the fifth consecutive month, with the consumer price index increasing by only 0.83% in October, below analysts' expectations. This has intensified calls for further rate cuts from the Bank of Thailand to stimulate economic growth, as the government seeks to encourage price gains amid a sluggish economic performance and rising household debt. The ongoing debate between the central bank and the government emphasizes the challenges in managing monetary policy effectively.

Source: YAHOO

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