Research Center of Thai Military Bank (TMB) predicted that if the current flooding carried on until the end of this year, inflation could rise by 5.1 percent while prices of fresh foods by 11.9 percent, local media reported on Wednesday. To make the forecast, TMB's research center compared this year's floods with the worst case in 1995 which flooding situation covered vast areas and continued for four months. Should this year's flooding have same degree with the 1995 one, gross domestic products (GDP) of the country and domestic consumption would plummet during the last two months, the report said. Thailand has faced with widespread and longstanding floods which were considered as one of the worst ones in decades since July 25. The latest death toll climbed up to 281 with over 2.3 million people across the country affected.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor