Oil Shock Drives Thailand Inflation to Near Top End of Target

🇹🇭 Bloomberg (TH) —

AI Summary

Inflation in Thailand is rising due to increased oil prices resulting from the Iran conflict, pushing it to nearly the top end of the central bank's target after a year of falling prices.

Higher oil prices linked to the Iran conflict pushed Thailand’s inflation to near the top end of the central bank’s target, ending a yearlong stretch of falling prices.

Conflict Politics Markets Energy Thailand inflation oil prices Iran conflict prices central bank economy

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