Inflation forecast cut | Bangkok Post: business

Business >

Inflation forecast cut

  • Published: | Viewed: 1,410 | Comments: 1
  • Newspaper section: Business
  • Writer: Phusadee Arunmas & Parista Yuthamanop
- +

The government lowered its inflation forecast to a range of 3% and 3.4% from the previous 3.3% to 3.8% on the global economic slowdown and the general success of government price controls. 

On her first day in office yesterday, Vatchari Vimooktayon, the commerce permanent secretary, said makers of consumer products have agreed to extend product price caps, which were due to expire this past Sunday, until year-end.

The newly appointed permanent secretary, who replaced the retiring Yanyong Phuangrach, said makers of other products are unlikely to raise their product prices during the remaining months of this year, which is a high-competition period.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

1 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments