Thai inflation in negative territory, January figures show


“Financial experts are expressing concern about the current situation," said Deputy Prime Minister Phumtham Wechayachai. — Reuters

BANGKOK: Inflation slowed in January for the fourth consecutive month, dipping into negative territory of 1.11%, says Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai, noting that this is considerably lower than the same period last year and the lowest in 35 months.

The current situation indicates that Thailand is still facing a crisis, particularly in terms of financial instability, which is a cause for concern.

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