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Thailand: Consumer sentiment dips slightly in January

Consumer sentiment declined for the first time in five months in January as consumers fretted about a spike in Omicron infections, the slow pace of the country’s economic recovery and rising food prices. The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index fell to 44.8 in January from 46.2 […]

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Thailand: Headline inflation exceeds outlook

The Bank of Thailand predicts headline inflation will exceed the target rate in the early part of this year, forced up by rising raw food and energy prices. The central bank’s Monetary Policy Committee (MPC) meeting on Wednesday made the assessment, said MPC secretary Piti Disyatat. According to the central bank’s inflation targeting framework, the […]

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Thailand: Call for cap on utility prices

The Federation of Thai Industries (FTI) wants the government to put a cap on electricity, water and cooking gas prices to slow down living cost increases as well as push stimulus measures as the Thailand Industry Sentiment Index (TISI) continued to increase to 88 points in January. Authorities should consider adjusting the oil excise tax […]

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