Thailand’s headline inflation drops to 13-month low
Thailand's headline inflation rose by 3.79% in February, the lowest in the past 13 months, thanks to easing energy and food prices, according to data from the Ministry of Commerce.
Bangkok (VNA) - Thailand's headline inflation rose by 3.79% in February, the lowest in the past 13 months, thanks to easing energy and foodprices, according to data from the Ministry of Commerce.
However, inflation remains above the Bank of Thailand'starget range of 1%-3%, suggesting the bank is likely to raise its keyinterest rate again at its next meeting on March 29 to get inflation backwithin the target.
The Ministry of Commerce is projecting inflation to slow down inMarch and maintains its forecast for headline inflation at 2% to 3% in 2023.
In 2022, the country’s headline inflation hit a 24-year highof 6.08%./.
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Illustrative photo (Source: VNA) 
