Post by account_disabled on Feb 27, 2024 17:44:33 GMT -10
Inflation in December 2020 was minus 0.27%, the lowest contraction in 10 months. For the whole year, it was in line with the target of reducing 0.85%. Dec. 2020 inflation was negative 0.27%, improving continuously for the 3rd month and contracting the lowest in 10 months after the fresh food group increased. Get support from each half. Shop well and have a good night. We travel together. causing increased spending But it is also being dragged by energy groups. As for inflation for the whole year 2020, it was negative 0.85% due to COVID-19. and tourism decreased causing consumption to shrink, indicating that in 2021 the target will be plus 1.2% with an average of 0.7-1.7% . Ms. Pimchanok Wonkorphon, Director of the Office of Trade Policy and Strategy (TNOC), revealed that the Consumer Price Index (General inflation) December 2020 increased by 0.15% compared to November 2020 and decreased 0.27% compared to December 2019.
This is considered a continuous improvement for the 3rd month in a Portugal Phone Number row and the smallest contraction in 10 months since March 2020. This is a result of the increase in fresh food products, especially vegetables, fruits, meat. Farmers' purchasing power has improved. from higher agricultural product prices causing increased spending while the energy group is still a drag Although the price has not decreased much, it is still lower and still benefits from the government's economic stimulus measures. Both half and half, shopping is good and there are returns. We travel together that stimulates consumption. As for inflation for the whole year 2020, it decreased by 0.85%, within the forecast that was set at minus 1.5% to minus 0.7%, with factors causing the inflation for the whole year to be negative. from the COVID-19 outbreak that makes economic activity and demand for product consumption slowed down The number of tourists has decreased due to the COVID-19 outbreak.
And the price of fuel decreased, while at the same time benefiting from government assistance measures. Both product price reductions throughout the year Taking care of utility bills, water bills, electricity bills, and cooking gas, etc., for basic inflation in December 2020. Compared to November 2020, it increased by 0.05% and compared to December 2019, it increased by 0.19%. The average for the entire year 2020 increased by 0.29%, which shows that products are still moving. and prices rose because it has deducted products that are volatile Both food and energy groups are removed. “Inflation for the entire year 2020 has been negative for 10 consecutive months, theoretically qualifying as deflation. But in reality It's not deflation. Because in economic terms Most products and services have also increased in price.
This is considered a continuous improvement for the 3rd month in a Portugal Phone Number row and the smallest contraction in 10 months since March 2020. This is a result of the increase in fresh food products, especially vegetables, fruits, meat. Farmers' purchasing power has improved. from higher agricultural product prices causing increased spending while the energy group is still a drag Although the price has not decreased much, it is still lower and still benefits from the government's economic stimulus measures. Both half and half, shopping is good and there are returns. We travel together that stimulates consumption. As for inflation for the whole year 2020, it decreased by 0.85%, within the forecast that was set at minus 1.5% to minus 0.7%, with factors causing the inflation for the whole year to be negative. from the COVID-19 outbreak that makes economic activity and demand for product consumption slowed down The number of tourists has decreased due to the COVID-19 outbreak.
And the price of fuel decreased, while at the same time benefiting from government assistance measures. Both product price reductions throughout the year Taking care of utility bills, water bills, electricity bills, and cooking gas, etc., for basic inflation in December 2020. Compared to November 2020, it increased by 0.05% and compared to December 2019, it increased by 0.19%. The average for the entire year 2020 increased by 0.29%, which shows that products are still moving. and prices rose because it has deducted products that are volatile Both food and energy groups are removed. “Inflation for the entire year 2020 has been negative for 10 consecutive months, theoretically qualifying as deflation. But in reality It's not deflation. Because in economic terms Most products and services have also increased in price.