Post by account_disabled on Dec 27, 2023 7:29:05 GMT
"Commerce" reveals inflation in May 2020 was negative 3.44%, the lowest drop in 10 years and 10 months due to gaining traction from falling oil prices. The government reduced the cost of living, including electricity, water, and reduced the prices of some essential products. Stated as entering a state of technical deflation. It's not really stiff. So it's not a concern. Emphasizing that products are still moving in a normal direction, which is also positive, but not increasing much. considered more beneficial to the people Ms. Pimchanok Wonkorphon, Director of the Office of Trade Policy and Strategy (O.C.), revealed that the Consumer Price Index (General inflation) in May 2020 decreased by 3.44%, which is the lowest decrease in 10 years, 10 months from July 2009, which decreased by 4.4%, with the main cause being the price of oil that is still in low level Even though it has been adjusted many times.
But it is still lower than C Level Executive List the same period last year. And there are also government measures to help with living expenses. Including reducing the cost of electricity, water and reducing the price of many products necessary for living. There was also a decrease in the price of fresh vegetables. the lowest in 3 years, while other products and services also increased But the increase was not much. Unable to reduce the proportion in the group that is in sharp decline Therefore, it is a factor that causes inflation to decrease. As for the 5-month average inflation of 2020 (Jan.-May), it decreased by 1.04%. “If you look at it theoretically Now there is technical deflation.
Because inflation has been negative for 3 months in a row, with March minus 0.54%, April minus 2.99% and May minus 3.44%, but it's not real deflation. So it's not a concern. Because if you look deeper Prices of many products, including food and consumer products, did not decrease and were even positive. But the addition is not a lot, such as pork, mushrooms, duck, chicken. It cannot be reduced in proportion to the greatly reduced oil, electricity, water and cost of living reduction measures of the Ministry of Commerce that has been done in collaboration with entrepreneurs. People don't have to worry that money is already deflated.
But it is still lower than C Level Executive List the same period last year. And there are also government measures to help with living expenses. Including reducing the cost of electricity, water and reducing the price of many products necessary for living. There was also a decrease in the price of fresh vegetables. the lowest in 3 years, while other products and services also increased But the increase was not much. Unable to reduce the proportion in the group that is in sharp decline Therefore, it is a factor that causes inflation to decrease. As for the 5-month average inflation of 2020 (Jan.-May), it decreased by 1.04%. “If you look at it theoretically Now there is technical deflation.
Because inflation has been negative for 3 months in a row, with March minus 0.54%, April minus 2.99% and May minus 3.44%, but it's not real deflation. So it's not a concern. Because if you look deeper Prices of many products, including food and consumer products, did not decrease and were even positive. But the addition is not a lot, such as pork, mushrooms, duck, chicken. It cannot be reduced in proportion to the greatly reduced oil, electricity, water and cost of living reduction measures of the Ministry of Commerce that has been done in collaboration with entrepreneurs. People don't have to worry that money is already deflated.