Thailand’s poor struggle to survive as inflation soars

Al Jazeera English published this video item, entitled “Thailand’s poor struggle to survive as inflation soars” – below is their description.

The Bank of Thailand is expected to raise interest rates to counter rising inflation.

But that will bring little relief for Thais, who have seen sharp increases in the costs of food and fuel.

Many people struggle to survive in a society where the gap between rich and poor is one of the widest in the world.

Al Jazeera visited the home of a deaf family in Bangkok – struggling to survive under a road bridge on $20 benefit a month.

Al Jazeera’s Tony Cheng reports from Bangkok, Thailand.

Al Jazeera English YouTube Channel

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About This Source - Al Jazeera English

The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

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In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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Thailand is a Southeast Asian country. It’s known for tropical beaches, opulent royal palaces, ancient ruins and ornate temples displaying figures of Buddha. In Bangkok, the capital, an ultramodern cityscape rises next to quiet canalside communities and the iconic temples of Wat Arun, Wat Pho and the Emerald Buddha Temple (Wat Phra Kaew). Nearby beach resorts include bustling Pattaya and fashionable Hua Hin.

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