A vendor waits for a customer to select vegetables at Pak Kret market in Pak Kret district in Nonthaburi on April 24, 2021. (Photo by Nutthawat Wicheanbut)
Despite a sharp rise in the prices of fresh food such as vegetables, pork, eggs, cooking oil, rice and curry, the Commerce Ministry is maintaining its headline inflation forecast in the range of 0.7% to 2.4% (average of 1.5%) this year.
Ronnarong Phoolpipat, director-general of the Trade Policy and Strategy Office, said headline inflation is projected to increase in 2022 in line with supply and demand because of the country’s economic recovery.
Domestic and international demand will be supported by tourism, exports and…
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