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Bangkok Post – Inflation projected to dip in January
PUBLISHED : 6 Jan 2024 at 04:00
Headline inflation is expected to decline for a fourth consecutive month in January, attributed to the government’s support measures for diesel and electricity bills, as well as lower global oil prices.
Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office, said other key factors include the easing of the El Niño weather phenomenon and sales promotions to accommodate increased consumer spending for the government’s Easy E-Receipt scheme.
However, Mr Poonpong said several factors may contribute to rising inflation, such as higher prices for tourism-related goods and services following the rapid recovery of that sector.
Another factor is ongoing geopolitical tensions such as…
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