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Thailand: Industrial GDP growth put at 2.5-3.5%

GDP growth in the Thai industrial sector is estimated at 2.5-3.5% in 2022, a drop from 3-4% last year, due to a mix of factors, including the impact of the Omicron Covid-19 variant currently spreading across continents, says the Office of Industrial Economics (OIE). Other factors are the prolonged semiconductor shortage, which will affect key […]

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Philippines: Inflation back to target levels in December

MANILA, Philippines — Inflation eased in December, due in part to the slower increase in prices of key consumer items, and fell back to the national government’s target. Inflation, as measured in the consumer price index, picked up 3.6% year-on-year in December, the Philippine Statistics Authority reported Wednesday. This was slower than the 4.2% clip recorded […]

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