Overall consumer prices edged up in July, driven by fresh fruit and vegetables, fresh food, pork, milled rice and milled glutinous rice. The Commerce Ministry reported yesterday the consumer price index (CPI), which gauges headline inflation, rose by 0.98% last month from July 2018, following a 0.87% year-on-year rise in June, 1.15% in May, 1.23% […]
Read MoreThe Bank of Thailand has requested banks and their subsidiaries reduce the ratio of new consumer loans extended to vulnerable groups with a high debt-service ratio (DSR) by at least 10% per quarter for four quarters, starting from the second quarter. The move is part of the central bank’s retail lending guidance, aimed at keeping […]
Read MoreThe Internal Trade Department will summon 48 private hospitals to explain why they failed to provide information about the actual costs of drugs, medical supplies and medical services by the submission deadline of July 31. Prayoth Benyasut, the department deputy director-general, said the department has received information from 305 private hospitals so far. The remaining […]
Read MoreConsumer prices edged up in July, largely driven by fresh fruit and vegetables, fresh food, pork, milled rice and milled glutinous rice. According to the Commerce Ministry’s report, the consumer price index (CPI), which gauges headline inflation, rose by 0.98% last month from July 2018, up from a 0.87% year-on-year rise in June, 1.15% in […]
Read MoreAnnual headline consumer price index (CPI) rose 0.98% in July from a year earlier, slightly lower than a Reuters poll forecast of a 1% increase, following June’s 0.87% rise, commerce ministry data showed on Thursday. July headline inflation was below the central bank’s 1%-4% target range for a second straight month. The annual core inflation […]
Read MoreDrought threatens to exacerbate a sharp slowdown in economic growth and intensify pressure on the Bank of Thailand to loosen monetary policy. The dry conditions are the worst in a decade, and farming heartlands in the Northeast are among the hardest hit, according to the Meteorological Department. “The main impact if drought intensifies or lasts […]
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