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Thailand: Govt to keep inflation target at 1%-3% next year

The cabinet on Tuesday approved the central bank’s headline inflation target at 1%-3% for next year, unchanged from this year, which is appropriate for the economy amid a coronavirus outbreak, a government official said.

The target is flexible for implementing monetary policy to cope with any inflation volatility in future, deputy government spokeswoman Rachada Dhnadirek told a briefing.

Source: https://www.bangkokpost.com/business/2231759/govt-to-keep-inflation-target-at-1-3-next-year