Pork products for sale at the Si Mum Mueang market in Pathum Thani on Monday, as pork prices began to soar. Apichit Jinakul
The Bank of Thailand is concerned with higher prices for living costs, but not in terms of overall price stability, says the central bank governor.
The bank believes higher prices will not have an adverse impact on the macro economy and headline inflation will remain within its target, said central bank governor Sethaput Suthiwartnarueput.
Yet soaring energy and food prices could add to the cost of living amid a slow economic recovery, he said.
The central bank predicts the headline inflation rate will be under its target rates of 1.2%, 1.7% and 1.4%…
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