FTI urges maintaining diesel price subsidy
Thailand’s inflation rate is expected to stand at 4-5% throughout this year, prompting the need for the government to maintain its diesel price subsidy programme, says the Federation of Thai Industries (FTI).
The estimate is based on the latest survey of 200 executives across 45 industries under the FTI.
Some 50% of respondents believe inflation will be as high as 4-5%, while 43% were more pessimistic, saying the rate will increase to 6-8% amid higher energy prices.
Lamonphet Apisitniran
