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Thailand's inflation turned negative in September 2025, prompting expected rate cuts and fiscal stimulus.
Thailand's inflation turned negative for the sixth straight month in September 2025, falling 0.72% annually, driven by lower energy prices and a strong baht, though core inflation rose 0.65%.
The Bank of Thailand is expected to cut its key interest rate by 25 basis points to 1.25% on October 8, citing weak growth, declining industrial output, and subdued demand.
Over 70% of economists anticipate the move, with some warning of limited policy room ahead.
The government plans fiscal stimulus to boost consumption, while inflation forecasts have been revised to 0% for the year.
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La inflación de Tailandia se volvió negativa en septiembre de 2025, lo que provocó recortes de tasas y estímulo fiscal esperados.