Bustling commuters, traffic gridlocks and crowded shopping malls have become more common in the third quarter following the country’s reopening in June, fuelling hopes that Thailand is now getting back on its feet. But concerns have been raised about various pressing problems that could potentially undermine the country’s path towards recovery, including rising inflation rates, surging Omicron cases caused by BA.4 and BA.5 sub-variants, the prospect of an interest rate hike and declining purchasing power. Inflation rates are rising in Thailand and worldwide, pressured by high fuel and food pri…

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