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BANGKOK: Thailand’s inflation is too low and the inflation target should be higher, Deputy Finance Minster Paopoom Rojanasakul said on Tuesday, ahead of a meeting with the central bank on the issue.

Saudi Arabia’s inflation rate inches up to 1.6% in August

The government has pushed for a higher inflation goal from the current 1% to 3% range to spur a sluggish economy, while the central bank has insisted the current target, which has been in place since 2020, has worked well for the economy.

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