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Inflation Fluctuations in Thailand and Philippines
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Overview
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Thai and Philippine inflation rates show fluctuations, with Thailand's inflation falling below the central bank's target for the eighth consecutive month, while the Philippines' inflation eased to a near two-year low but remains above the central bank's target. Both countries are expected to maintain elevated interest rates for some time.
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How might the persistent fluctuations in inflation rates impact the economies of Thailand and the Philippines?
In what ways do these inflation trends reflect broader global economic trends and policies, and how might they influence international trade and finance?
What strategies could the central banks employ to stabilize inflation and ensure the right balance between economic growth and price stability?
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