Trinity Securities expects global inflation, including Thai inflation, to peak in the third quarter of this year while the country's interest rate is set to rise by another 0.75% over the next 12 months to 1.5% in mid-2023.
Visit Ongpipattanakul, managing director of Trinity Securities, said Thailand's core inflation would potentially increase to 3% in August, with the potential hike in the minimum wage pushing inflation up to exceed the Bank of Thailand's target of 1-3% for 2022.
