Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Commerce Ministry revises inflation forecast, amid falling prices

Featured Replies

image.jpeg

 

Revising its earlier forecast, the Commerce Ministry now anticipates headline inflation to be within 1-1.7% for the current year, with an average of 1.35%. This comes as a result of expected lowered inflation in the last quarter.

 

In July, the forecasted range was 1-2% with an average of 1.5%. Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office, revealed that the inflation trend in October and the entire fourth quarter is expected to remain subdued and may turn negative.

 

“This is due to the reduced prices of food, including meat, poultry, seafood, and seasonings, as well as energy category products like electricity and diesel. A price drop in the gasoline group is also likely.”


Measures taken by the Commerce Ministry, in sync with manufacturers and shopping malls, to reduce the cost of living and lower prices of goods throughout the year, are also set to keep prices in control.

 

by Alex Morgan

Photo: by Burak The Weekender, on Pexels.

 

Full story: The Thaiger 2023-10-06

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Get our Daily Newsletter - Click HERE to subscribe

'Falling Prices' ?  Weekly shop at Big C yesterday the only thing lower than last week was Pork Mince.  Apart from that most items had actually gone up  !

17 hours ago, trainman34014 said:

'Falling Prices' ?  Weekly shop at Big C yesterday the only thing lower than last week was Pork Mince.  Apart from that most items had actually gone up  !

Well perhaps they focus on electricity and fuel prices which have gone down. But certainly not items from the BigC shopping cart.... I saw some quite large rises on some of my regular purchases. Likely more to come too with the further weakening baht!

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.