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Post by account_disabled on Dec 26, 2023 2:07:57 GMT -5
We may have passed each other's eyes. As for the inflation numbers for May 2020, the Ministry of Commerce has just officially announced that they are negative 3.44%. Such numbers It is the lowest decrease in 10 years and 10 months since July 2009, which decreased by 4.4%. What's even more alarming is that inflation in May 2020 was negative for the third month in a row. March 2020 minus 0.54%, April 2020 minus 2.99% and May 2020 minus 3.44%. It shows that Thailand is entering a C Level Executive List deflationary situation. Because according to the theory that has been taught If inflation is negative for 3 consecutive months, it will enter deflation. What is deflation? To put it simply, it means that the prices of goods and services in general continuously decreasing As for inflation, it will be the opposite. It is a condition in which prices of goods and services in general continuously rising Deflation It is not good for the economy. Because when the price of goods and services decreases But people still don't buy it. It will have a wide impact. People who produce it can't sell it. There will be layoffs, people will be unemployed and have no money to eat. Ultimately, it will affect the wider economy. But it's too late. It won't be possible to conclude like this. 5ec62c34879ff Ms. Pimchanok Wonkorphon, Director of the Office of Trade Policy and Strategy (TPOC), said that deflation is a technical deflation. It's not really stiff. So it's not a concern. Ready to explain in a simple way that inflation has decreased until it is negative.
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