Inflation : NESDB revises its forecast… +5,3 to 5,8 % in 2008

March 11
The agency also maintains the inflation target at 3.2-3.7 per cent. Despite the skyrocketing prices in the first quarter, NESDB believes that prices would fall in the second quarter. It is favourable if the first quarter inflation could be kept at 5 per cent.

I wrote then : “See you in the second quarter folks”…

May 26
Loosing face must have some limits. So the NESDB revises, at last, its forecast. It “has increased its inflationary target from between 3.2 and 3.7 per cent, to between 5.3 and 5.8 per cent (TOC).


Do I dare to play it again ? Yes.

“See you in the third quarter folks”. ! πŸ˜‰

The inflation tsunami is on the move.

0 Responses to “Inflation : NESDB revises its forecast… +5,3 to 5,8 % in 2008”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Thailand Crisis

Coup, Economic slowdown, Terror In the South... The situation is worsening in Thailand. Bumpy road like often before.

But this time, it's different.

The key to understand the present turmoil is the inevitable... succession of King Bhumibol.

%d bloggers like this: