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Bangkok Post
Bangkok Post
Business

Galloping inflation hits recovery hope

People browse fresh fruits on sale on Yaowarat Road in Bangkok on Feb 24, 2022. Average two-month inflation during January and February 2022 rose 4.25% from the same period last year. (Photo: Arnun Chonmahatrakool, Bangkok Post)

The Commerce Ministry expects headline inflation in March to stay at a high level, driven by a rise in energy prices after the cost of fuel and electricity accelerated in February at the fastest pace since 2008.

Ronnarong Phoolpipat, director-general of the Trade Policy and Strategy Office, said yesterday the prospects of higher inflation are likely to increase prices this month, particularly for consumer goods including prepared food, seasonings and condiments.

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