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Thailand: Headline rate for 2019 set at 0.7-1.7%

The Commerce Ministry has set the country’s headline inflation rate for 2019 at 0.7-1.7%, driven by higher energy and farm prices. The Trade Policy and Strategy Office announced yesterday the 2019 inflation rate will be based on a median average of 1.2%. The forecast was made assuming GDP growth of 3.5-4.5%, crude oil prices averaging […]

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