Inflation bites in Thailand ahead of looming election
The Straits Times|September 26, 2022
Ruling coalition has little time to turn things around with economy set to be a major issue
Inflation bites in Thailand ahead of looming election

BANGKOK - Sheltering from rain near Bangkok's Grand Palace, scores of unemployed Thais queue alongside homeless people waiting for free meals as 14-year-high inflation sends living costs soaring - causing a headache for the government ahead of a looming general election.

The leadership came to power eight years ago under Mr Prayut Chan-o-cha, promising to provide stability after long-running protests started to hit the kingdom's economy.

But it has struggled to live up to its pledges and the damage wrought by the pandemic on the travel industry has been compounded by a global inflationary crisis that has sent prices rising beyond many people's reach.

And in a move seen as symbolic of the severity of the situation but likely to cause more pain for consumers, the government recently raised the price of instant noodles for the first time in more than a decade after manufacturers agitated for a rise.

For those waiting in the rain, the impact is already painfully clear.

This story is from the September 26, 2022 edition of The Straits Times.

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This story is from the September 26, 2022 edition of The Straits Times.

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