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Bangkok Post
Bangkok Post
Business

FTI suggests oil price surge will hit recovery

FTI Federation of Thai Industries Kriengkrai Thiennukul Thailand
Kriengkrai Thiennukul, vice chairman of the Federation of Thai Industry

The Federation of Thai Industries (FTI) is worried global oil prices may soar to US$100 a barrel, threatening to worsen the inflation rate and economic recovery, now struggling against the impact of Covid-19 in Thailand.

The country is facing higher food prices, notably for pork, resulting from the supply shock.

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