Thai inflation pressure grows as government cuts oil subsidy

Businesses demand curbs on spiraling diesel price

20220518 Thai inflation main

Ending the diesel subsidy will increase the cost of consumer products in Thailand. © Sipa via AP

APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer

BANGKOK -- Thai inflation is swelling as the end of a diesel subsidy has caused logistics costs to rise, adding more pressure to the cost of living that is weighing on the economy.

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