Cabinet nod for 1-3% headline inflation target for 2026
THE Cabinet today (Dec. 30) approved a monetary policy target setting headline inflation rate of 1-3 percent for 2026 as proposed by Finance Minister Ekniti Nitithanprapas, PPTVHD36 said. Mr. Siripong Angkasakulkiat, the Prime Minister’s spokesperson, said the inflation rate in the coming period could be highly uncertain due to global economic growth and energy […]
Read MoreThai inflation posts eighth straight negative reading in November
By Reuters and published by CNA THAILAND’S annual headline inflation rate was negative for an eighth month in November, data showed on Wednesday (Dec. 3), and the Commerce Ministry said it was due to falling energy prices and government measures to alleviate the cost of living. The headline consumer price index fell 0.49 […]
Read MoreExclusive-Thai central bank chief, finance minister to meet over inflation target as govt eyes rate cut
By Reuters and published by CNA THAILAND’S central bank chief and finance minister will meet in early September to open negotiations on an inflation target for 2025, a senior official said, as the government seeks a new goal with an eye on a rate cut that it has pushed for months. The government has […]
Read MorePowell says Federal Reserve is more confident inflation is slowing to its target
By AP and published by Yahoo!Finance Washington – Chair Jerome Powell said on Monday (July 15) that the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target and said the Fed would cut rates before the pace of price increases actually reached that point. “We’ve had three better […]
Read MoreThai headline inflation at year-high in May, back to central bank target range
By Reuters and published by CNA THAILAND’S headline inflation reached its highest in 13 months in May and returned to the central bank’s target range of 1 percent to 3 percent for the first time in a year, commerce ministry data showed today (June 7). The headline consumer price index (CPI) rose in May […]
Read MoreThai inflation lowest in 33 months – Commerce Ministry
By Reuters and published by CNA THAILAND’S headline consumer price index (CPI) came in at -0.44 percent in November from a year earlier, the second consecutive month and lowest in nearly three years, the Commerce Ministry said today (Dec. 7). The figure compared with a 0.31 percent year-on-year drop in the previous month and […]
Read MoreThai inflation slower than expected in July, small rises seen
By Reuters and published by CNA THAILAND’S annual headline inflation was weaker than expected in July, helped by lower food and energy prices, and the commerce ministry said today (Aug. 7) it projected smaller consumer price rises for the rest of the year. The headline consumer price index (CPI) increased 0.38 percent in July […]
Read MoreThai economy to grow 3.8% this year, inflation to ebb: Finance Minister
By Reuters and published by CNA THAILAND’S economy is expected to grow 3.8 percent this year, helped by a rebound in the vital tourism sector, while inflation should cool to its target range, the Finance Minister said on Saturday (Feb. 25). Domestic spending has increased and the government will accelerate large project investment to […]
Read MoreFed wants ‘flexibility’ on rates as inflation remains key focus, minutes show
By Reuters and published by US News & World Report Washington – All officials at the Federal Reserve’s Dec. 13-14 policy meeting agreed the US central bank should slow the pace of its aggressive interest rate increases, allowing them to continue increasing the cost of credit to control inflation but in a gradual way […]
Read MoreGovt readies 150 billion baht loan guarantee for oil fund
By Reuters and published by CNA THE cabinet today (August 16) approved a law to guarantee up to 150 billion baht in loans for the state oil fund to support energy prices as the government fights inflation, according to a government source and local media reports. The measure still has to be examined by […]
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