Rising energy costs are pushing up inflation, but the BOT's seven-member MPC unanimously voted Wednesday to keep the benchmark one-day repurchase rate at 1%—the fourth consecutive meeting with no change and the rate's lowest since September 2022. A Bloomberg survey of 23 economists had predicted the decision. Headline inflation accelerated to 2.82%, the fastest since April, but remained within a controllable range, allowing the BOT to maintain an accommodative stance while the government support

Rising energy costs are pushing up inflation, but the BOT's seven-member MPC unanimously voted Wednesday to keep the benchmark one-day repurchase rate at 1%—the fourth consecutive meeting with no change and the rate's lowest since September 2022. A Bloomberg survey of 23 economists had predicted the decision. Headline inflation accelerated to 2.82%, the fastest since April, but remained within a controllable range, allowing the BOT to maintain an accommodative stance while the government supports a recovery dented by higher energy costs.