A feeling of despondency is evident among the population of Thailand as an Ipsos study revealed concerns over increasing inflation and interest rates. The research, which comprised of responses gathered from a substantial 6,000 persons, displays a disconcerting economic predicament, with more than half of the respondents predicting an inflation upswing within the next 12 months.
The study was headed by Usana Chantarklum, who acts as the company’s managing director. Public opinion seems to have inclined significantly towards the pessimistic side, with over half (56%) of the respondents fearing a rise in inflation and 54% expecting interest rates to surge.
Thailand’s present economic situation has been labelled as “bad” by 57% of the country’s populace. An alarming 72% hold the belief that the country is in a state of recession, a percentage that…
