BANGKOK (Reuters) – Thailand’s cabinet on Tuesday approved the central bank’s headline inflation target at 1%-3% for next year, unchanged from this year, which is appropriate for the economy amid a coronavirus outbreak, a government official said.
The target is flexible for implementing monetary policy to cope with any inflation volatility in future, deputy government spokeswoman Rachada Dhnadirek told a briefing.
(Reporting by Orathai Sriring and Satawasin Staporncharnchai; Editing by Tom Hogue)
