The country's rate of inflation last month plunged to a 21-month low attributed to decreasing fuel prices and electricity bills as well as a high price base in May last year, with the rate expected to continue easing in June. The inflation rate is trending downwards. In the first quarter, inflation was 3.88% and it is expected to be slightly above 1% in the second quarter. For the third and fourth quarters, the average is projected to be less than1% a month. This indicates a likely decrease in inflation throughout the year, with a clearer picture expected in June, said the deputy director-general of the Trade Policy and Strategy Office. The Commerce Ministry recently downgraded its headline inflation outlook for this year from a range of 2-3% to 1.7-2.7%, in line with economic conditions and falling energy prices. (ICE BANGKOK)

Fonte notizia: Bangkok Post