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Wednesday, May 15, 2024

Bangkok Post – Inflation slowing, seen at 1% this year

Locals and tourists shop at Siam Paragon mall in Bangkok. (Photo: Wichan Charoenkiatpakul)

The Finance Ministry hopes to see monetary policy easing soon, a senior official said on Friday, adding that inflation was slowing and was expected to be at 1% for the year, bottom of the 1% to 3% target range.

High interest rates were affecting the public and businesses, while purchasing power was weak,…

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