Bank of Thailand Inflation Report – (April 2011)

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Thailand's Monetary Policy Committee (MPC) raised rates at its last two meetings in a bid to combat inflationary pressures arising from higher commodity prices, the Bank of Thailand's Inflation Report, published on Thursday, said.

The April report said inflation pressures in Thailand continued to build up in the first quarter of 2011 due to a marked acceleration in global oil prices linked to global demand growth and political unrests in the Middle East and North Africa. Although core inflation

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