by Teuvo Tuomi | Mar 4, 2025 | Business, Economy, Inflation, Laos, News
Laos’ inflation rate dropped slightly in February to 12.7%, down from 15.5% in January, according to data from the National Statistics Bureau. In February, healthcare and medicine costs decreased by 22.7% but remained among the highest categories. Food and...
by Teuvo Tuomi | Feb 7, 2025 | Business, Economy, Inflation, News, Thailand
Thailand’s inflation grew 1.32% year-on-year in January, making it the 10th consecutive monthly rise. Higher fuel costs and food and beverage prices drove the increase. According to Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office...
by Teuvo Tuomi | Oct 30, 2024 | Economy, Indonesia, Inflation, Investment, News
Analysts are warning that Indonesia’s economy could start overheating if President Prabowo Subianto goes ahead with his plan to push the country’s gross domestic product growth to 8% per year. An overheating economy, when GDP grows unsustainably, could lead to...
by Teuvo Tuomi | Aug 25, 2024 | Economy, Inflation, Malaysia, News
Malaysia’s Consumer Price Index (CPI) grew 2% year-on-year in July, according to the National Department of Statistics. Thw CPI increase was slightly below the 2.1% projection by the Reuters poll. The rise in consumer costs was led by restaurant and accommodation...
by Teuvo Tuomi | Jul 5, 2024 | Economy, Business, Inflation, Infrastructure, Innovation, Investment, News, Thailand, Tourism, Trade
Thailand’s economic growth potential is expected to hover around 3% for the next five years, according to Bank of Thailand governor Sethaput Suthiwartnarueput. This is a decline from closer to 3.5% reported in the years before the Covid-19 pandemic. Many households in...
by Teuvo Tuomi | Jun 2, 2024 | Economy, Energy, Food & Drinks, Inflation, News, Philippines
Inflation in the Philippines may have exceeded the government’s target in May, the Bangko Sentral ng Pilipinas (BSP) reports. The BSP estimates last month’s inflation rate to have settled between 3.7-4.5% compared to 3.8% in April. The price increases have been...
